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18. The capila ceior ciurdsus the dividend yield onrti called the of returns b. geometrie return. e. average period return. d. sunmation of returns e.

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18. The capila ceior ciurdsus the dividend yield onrti called the of returns b. geometrie return. e. average period return. d. sunmation of returns e. total return. Based on the period of 1926 through 2003, 19. have tended to outperform other securities over the long-term. a U.S. Treasury bills b. c. d. large company stocks long-term corporate bonds small company stocks e long-term government bonds 20. 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 21. The act where an owner of an option buys or sells the underlying asset, as is their right, the option is called a. striking b. exercising c. opening d. splitting e. strangling 22. The fixed price in an option contract at which the owner can buy or sell the underlyin asset is called the option's: a. opening price b. intrinsic value. c. strike price. d. market price. e. time value. 23. The last day on which an owner of an option can elect to exercise is the a, ex-payment b. ex-option c. opening d. expiration e. intrinsic

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