公司理财 习题库 Chap014.docVIP

CHAPTER 14 Options and Corporate Finance I. DEFINITIONS OPTIONS a 1. A financial contract that gives its owner the right, but not the obligation, to buy or sell a specified asset at an agreed-upon price on or before a given future date is called a(n) _____ contract. a. option b. futures c. forward d. swap e. straddle OPTION EXERCISE b 2. The act where an owner of an option buys or sells the underlying asset, as is their right, is called ______ the option. a. striking b. exercising c. opening d. splitting e. strangling STRIKE PRICE c 3. The fixed price in an option contract a