-Refer to Exhibit 3-11.Fill in blanks (C)and (D)respectively with "Exchange" or "No Exchange"to indicate whether or not exchange would take place at the given prices.
A) Exchange; Exchange
B) Exchange; No Exchange
C) No Exchange; Exchange
D) No Exchange; No Exchange

Question

-Refer to Exhibit 3-11.Fill in blanks (C)and (D)respectively with "Exchange" or "No Exchange"to indicate whether or not exchange would take place at the given prices.
A) Exchange; Exchange 
B) Exchange; No Exchange 
C) No Exchange; Exchange 
D) No Exchange; No Exchange

Quizplus · Accepted Answer

The correct answer is "Exchange; Exchange" because both conditions likely meet the criteria for an exchange to occur at the given prices.