题目内容

Which of the following describes LEAPS? ( )

A. Options which are partly American and partly European
B. Options where the strike price changes through time
C. Exchange-traded stock options with longer lives than regular exchange-traded stock options
D. Options on the average stock price during a period of time

查看答案

搜索结果不匹配？点我反馈

更多问题

The price of a stock, which pays no dividends, is $30 and the strike price of a one year European call option on the stock is $25. The risk-free rate is 4% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound? ( )

A. $5.00
B. $5.98
C. $4.98
D. $3.98

查看答案

A stock price (which pays no dividends) is $50 and the strike price of a two year European put option is $54. The risk-free rate is 3% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound? ( )

A. $4.00
B. $3.86
C. $2.86
D. $0.86

查看答案

Which of the following is NOT true? Assume that present values are calculated from the end of the life of the option to today. ( )

An American put option is always worth less than the present value of the strike price
B. A European put option is always worth less than the present value of the strike price
C. A European call option is always worth less than the stock price
D. An American call option is always worth less than the stock price

查看答案

Which of the following creates a bear spread? ( )

A. Buy a low strike price put and sell a high strike price put
Buy a high strike price put and sell a low strike price put
C. Buy a high strike price call and sell a low strike price put
D. Buy a high strike price put and sell a low strike price call

查看答案

Which of the following describes LEAPS? ( )

A. Options which are partly American and partly European B. Options where the strike price changes through time C. Exchange-traded stock options with longer lives than regular exchange-traded stock options D. Options on the average stock price during a period of time

Which of the following is NOT true? Assume that present values are calculated from the end of the life of the option to today. ( )

Which of the following creates a bear spread? ( )

A. Options which are partly American and partly European
B. Options where the strike price changes through time
C. Exchange-traded stock options with longer lives than regular exchange-traded stock options
D. Options on the average stock price during a period of time