投资学题库20Word格式文档下载.docx

1、premium2.The price that the writer of a call option receives to sell the option is called the3.The price that the buyer of a put option pays to acquire the option is called the4.The price that the writer of a put option receives to sell the option is called theA.5.The price that the buyer of a call

2、option pays for the underlying asset if she executes her option is called thestrike priceB.exercise price6.The price that the writer of a call option receives for the underlying asset if the buyer executes her option is called the7.The price that the buyer of a put option receives for the underlying

3、 asset if she executes her option is called the8.The price that the writer of a put option receives for the underlying asset if the option is exercised depends on the market price at the time.9.An American call option allows the buyer tobuy the underlying asset at the exercise price on or before the

4、 expiration date.C.sell the option in the open market prior to expiration.10.A European call option allows the buyer toD.buy the underlying asset at the exercise price on the expiration date.11.An American put option allows the holder tosell the underlying asset at the striking price on or before th

5、e expiration date.potentially benefit from a stock price decrease with less risk than short selling the stock.12.A European put option allows the holder tosell the underlying asset at the striking price on the expiration date.13.An American put option can be exercisedany time on or before the expira

6、tion date.14.An American call option can be exercised15.A European call option can be exercisedonly on the expiration date.16.A European put option can be exercised17.To adjust for stock splitsthe exercise price of the option is reduced by the factor of the split and the number of option held is inc

7、reased by that factor.18.All else equal, call option values are lowerfor high dividend payout policies.19.All else equal, call option values are higherfor low dividend payout policies.20.The current market price of a share of AT&T stock is $50. If a call option on this stock has a strike price of $4

8、5, the callis in the money.sells for a higher price than if the market price of AT&T stock is $40.21.The current market price of a share of Boeing stock is $75. If a call option on this stock has a strike price of $70, the callsells for a higher price than if the market price of Boeing stock is $70.

9、22.The current market price of a share of CSCO stock is $22. If a call option on this stock has a strike price of $20, the callsells for a higher price than if the market price of CSCO stock is $21.23.The current market price of a share of Disney stock is $30. If a call option on this stock has a st

10、rike price of $35, the callis out of the money.24.The current market price of a share of CAT stock is $76. If a call option on this stock has a strike price of $76, the callis at the money.25.A put option on a stock is said to be out of the money ifthe exercise price is less than the stock price.26.

11、A put option on a stock is said to be in the money ifthe exercise price is higher than the stock price.27.A put option on a stock is said to be at the money ifthe exercise price is equal to the stock price.28.A call option on a stock is said to be out of the money if29.A call option on a stock is sa

12、id to be in the money if30.A call option on a stock is said to be at the money if31.The current market price of a share of JNJ stock is $60. If a put option on this stock has a strike price of $55, the putis out of the money.32.The current market price of a share of a stock is $80. If a put option o

13、n this stock has a strike price of $75, the putsells for a higher price than if the market price of the stock is $75.33.The current market price of a share of a stock is $20. If a put option on this stock has a strike price of $18, the putsells for a higher price than if the strike price of the put option was