The functional dependency noted as A ? B means that the value of A can be determined from the value of B

Marketing channel management calls for selecting, managing, and motivating individual channel members and evaluating their performance over time

Indicate whether the statement is true or false

Assume S = $45, ? = 0.25, r = 0.05, div = 0.0, on a 45 strike call and 55 days until expiration. Given delta = 0.5502 and gamma = 0.0876, what is the delta-gamma approximation for the call price on a $0.90 stock price decline?

A) $1.35 B) $1.45 C) $1.55 D) $1.65