What Is the Name for the Value of the Option

question 3

Multiple Choice

What is the name for the value of the option that is the amount by which the option is in-the-money?

• A)intrinsic value
• B)economic value
• C)market price
• D)the currency spread

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Definitions:

Trial And Error

A method of problem-solving that involves trying multiple options and eliminating those that do not work.

Robert Sternberg

An American psychologist known for his theory on love and intelligence, including the Triarchic Theory of Intelligence.

Peter Wason

A British psychologist known for his work in the field of cognitive psychology, particularly for his research on reasoning and decision-making.

Wolfgang Köhler

A psychologist and a key figure in the development of Gestalt psychology, noted for his work on insight learning.