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An ITM option is made up of both intrinsic and extrinsic value However, as the option moves further ITM, its extrinsic value decreases the more it is worth and the less time value it has The farther OTM an option gets, the less it is worth and the more theta is a problem 5 For a call option, intrinsic value is equal to ______________ Answer: C The current price of the underlying minus the strike price of the call option Discussion: A call option is ITM when the price of the underlying is above the strike price If a call option is ITM, the intrinsic value will not be impacted by the passage of time However, movement in the underlying will have a dramatic impact on the price of the option 6 For a put option, intrinsic value is equal to ______________.

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6. In the Simulation Parameters rollout, enable the End Frame option and set the end frame to 100. Then click the Simulate button in the Object rollout. The plane object descends and covers the jet being draped as it falls. Figure 21-3 shows the sheet draped over the jet.

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Answer: A The strike price of the put option minus the current price of the underlying Discussion: A put option is ITM when the underlying is trading below the strike price If a put option is ITM, the intrinsic value will not be impacted by the passage of time However, movement in the underlying will have a dramatic impact on the price of the option 7 If a call or put option is out-of-the-money, the intrinsic value is equal to ______________ Answer: D Zero Discussion: Both OTM and ATM options have the largest amount of time value for an option series This means that theta will have a major impact on the price of the option going forward ATM options normally have the most liquidity as well..

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1. Open the 17_1.accdb database. 2. Select the External Data tab. 3. Click Text File in the Import group. 4. Find the ImportDelim.txt file using the Browse button, select it, and click OK.

all we were trying to do was dramatize how an empire fell . . . I didn t want to make the history so close [to facts] that it would impair the lm . . . if . . . everything is historical, then you don t have [dramatic] liberty.21

The western Roman empire became subject to a sort of internal paralysis, which prevented the inhabitants from averting its downfall. In the end, they felt that their government did nothing for them, and so they did nothing to help it.35

(a) Scale the sh. Lay the sh at on work surface. Rub a scaling tool or the back of a knife against the scales from tail to head. Repeat until all scales are removed. Rinse. (Exceptions: Trout, with very tiny scales, and scaleless sh, like cat sh, are not scaled.)

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Alternative Method of Service: Cool beef as soon as it is cooked. For service, slice cold meat on an electric slicer and arrange in hotel pans. Add sauce, cover pans, and reheat in oven or steamer. Individual portions may also be reheated to order in the sauce.

Once you re in a voice and/or video conversation, as in Figure 34-10, you can use the Speakers and Microphone sliders to adjust the volume of your conversation. If you re having a bad-hair day, and don t particularly want to be showing it off on your Web cam, you can click the Stop Camera button on the right side of the Conversation window to keep talking without sending your video image.

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C-level executive, 3, 7 8, 62, 171n1, xvi Capability Maturity Model (CCM), 95 CEO. See chief executive of cer (CEO) CFO. See chief nancial of cer (CFO) chief executive of cer (CEO), 6 9, 15, 31, 41, 46, 60 66, 71, 73, 84, 91, 94 95, 98, 120, 125, 127, 135, 139, 151, 154, 163 64, xiii chief nancial of cer (CFO), 7 8, 18, 41, xiii chief information of cer (CIO), 7 9, 11, 18, 22, 26 27, 41 43, 45 46, 49 50, 59 63, 73, 84, 98, 115 16, 127 28, 130, 136, 138 39, 143 44, 149 50, 154, 164, ix xiii chief operating of cer (COO), 7 8, 18, xiii chief technology of cer (CTO), 18 CIO. See chief information of cer (CIO) CIO magazine, 130 Citigroup s Global Consumer Banking Group, 62 63 clean code, 11, 157 Clemenceau, Georges, 49 client/server architecture, 117 18 The Cluetrain Manifesto (Levine et al.), 113, 173n1

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