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Author Question: The Dow-Jones Industrial Average is at 26,000. A call option on the Index with a strike price of 259 ... (Read 106 times)

kmcolvin

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Question 1

Long-term Equity AnticiPation Securities (LEAPS) are a form of option that gives the holder the right to buy newly issued shares of stock directly from the issuing corporation.
◦ true
◦ false

Question 2

The Dow-Jones Industrial Average is at 26,000.  A call option on the Index with a strike price of 259 would be in the money.
◦ true
◦ false


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Marked as best answer by kmcolvin on Mar 29, 2022

hiyayyay

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kmcolvin

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


strudel15

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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