A00-403 Exam Questions and Answers

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A00-403 - SAS Viya 3.5 Forecasting and Optimization

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NEW QUESTION: 1
Alice Wonder called her broker on Tuesday, August 10th, with a market order to buy 10 calls on the stock
of Abbott Laboratories. Under normal conditions, Alice will have to pay for the calls on
A. Friday, August 13th.
B. Wednesday, August 11th.
C. Monday, August 16th.
D. Tuesday, August 10th.
Answer: B
Explanation:
If Alice places a market order to buy call options on Tuesday, August 10th, she will have to
pay for them on Wednesday, August 11th, the next business day. Options and U.S. government bonds
settle on the day after the trade date, or T + 1.


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