Your Alarm Clock Fails to Go Off,and You Oversleep

question 5

Multiple Choice

Your alarm clock fails to go off,and you oversleep.Your best action now is:

• A) Get dressed and go to work like nothing happened
• B) Call your employer to let them know that you will be late
• C) Just stay home
• D) Hurry in to work without taking time for your morning hygiene

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Definitions:

Exercise Price

Another term for strike price, specifically the price at which an option or warrant can be executed.

Put Option

An agreement allowing the owner the option, yet not the requirement, to sell a predetermined quantity of a foundational asset at an agreed price during a defined period.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy an underlying asset at a predetermined price within a specific time period.

Stock Price

Stock Price is the cost of a single share of a company's stock, which is determined by the supply and demand for it in the marketplace.