Jeff opted to exercise his August option on August 10 and received $2,500 in exchange for his shares. Jeff must have owned a(an):_______

a. Warrant.
b. American call.
c. American put.
d. European call
e. European put.

Answers

Answer 1

Answer:

c. American put.

Explanation:

American options are defined as the type of contract that allows owner to exercise his option rights on any date of his choosing. This can even be on the date of expiration of the option.

European option on the other hand only allows option rights on the day of expiration of the option contract.

American put option allows the owner sell his option at any period within the contract life.

In the given scenario Jeff decided to sell his August options on on the 10th of August (before the expiry date). In exchange he recieved cash of $2,500.


Related Questions

Select the correct answer.
Which promotional technique can help an organization achieve its short-term sales objectives?

A. advertising
B. sales promotion
C. public relations
D. direct marketing

Answers

Answer:

A. Advertising

Explanation:

Answer:

B. sales promotion

Explanation:

"Sales promotion involves the use of short-term techniques to encourage customers to respond or to influence their buying decisions. For instance, you can quickly drive up sales for a short span of time by sending out attractive offer coupons with expiration dates. Customers will need to act before the coupons expire, ensuring that they will buy (if they buy at all) within a set time period."

Accounts Receivable account has a beginning balance of $52,000 and an ending balance of $69,000. If $47,000 was sold on account during the year, what were the total collections on account

Answers

Answer:

$30,000

Explanation:

Total collections on account is computed as;

= Accounts receivable at the beginning + Sales during the year - Accounts receivable at the end

Given that;

Accounts receivable at the beginning = $52,000

Sales during the year = $47,000

Accounts receivable at the end = $69,000

Therefore,

Total collections on account

= [($52,000 + $47,000) - $69,000]

= $30,000

If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be:

Answers

Answer:

b. lower than 10%

Explanation:

Missing word "a. higher than 10%, b. lower than 10%, c. if its three month option then she hopes its 10/3, d. irrelevant where realized will be"

If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be lower than 10%. When hedging implied volatility through delta hedging is done, it means that the trader is expecting that volatility will decline and it has taken the position on the the downside of the implied volatility as it is reflected by the delta hedging. Delta hedging is not about betting on the upside of implied volatility.

An expense that is readily traced to a department because it is incurred for that department's sole benefit is a(n):________.
a. Common expense.
b. Direct expense.
c. Administrative expense.
d. Indirect expense.
e. Recurring expense.

Answers

Answer:

b . Direct expense

Explanation:

Direct expense is an expense whose cost can be easily identified with a department due to the fact that the expense is incurred for the benefit of the department solely. This means that this expense can be traced directly to a department.

Also, some expenses are known to be directly related to buying of materials , products for use whether in a department or a company; such expenses are classified as direct expenses.

Examples of direct expense includes cost of raw materials , rent of factory, wages etc.

The Xerox sales force is divided into four geographic organizations: the United States/Canada, Europe, Global Accounts, and Developing Markets. Within each geographic area, the majority of Xerox products and services are typically sold through its
a) distributors.
b) competitor partnerships.
c) order takers.
d) direct sales force.
e) telemarketers.

Answers

Answer:

E)direct salesforce

Explanation:

Direct sales force are those network of distributors that business set up to sell their products for great returns, it involves selling out of business product using non- retailing setting. For instance Xerox sales force is divided into four geographic organizations: the United States/Canada, Europe, Global Accounts, and Developing Markets. Within each geographic area, the majority of Xerox products and services are typically sold through its direct salesforce

A portfolio has 225 shares of Stock C that sells for $42 and 190 shares of Stock D that sells for $33. What is Stock C's weight?

Answers

Answer:

60.11%

Explanation:

Weight of stock C = Value of stock C / total value of portfolio

225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%

Which person's life is the best example of wellness? Martin: Studies with friends, does community service, takes pills to go to sleep, and makes friends in class Norman: Drinks plenty of water, skips breakfast to lose weight, keeps a regular study schedule, and reads ahead in classes. Olivia: Drinks plenty of water, skips breakfast to lose weight, has a family dinner every week, and studies with a tutor. Patricia: Goes to the gym, enjoys time with friends, takes extra courses, and reads for enjoyment Norman Olivia Martin Patricia

Answers

Answer:

Patricia has the best wellness so far

Explanation:

Martin: studies with friends, communicating with others? good. Community service? yes, you want to help others. sleeping pills? not healthy, you want genuine sleep. Not forcing yourself to sleep. You might get addicted, that's not good, isn't it?

Norman: Drinking lots of water? good. Skipping breakfast? not good, you still want to eat breakfast, studies say that breakfast is the most important meal of the 3. studying? yeah, and a regular schedule is good. Reading ahead of class? so and so. It's good because you know everything in advance. But what if you miss something? Like the teacher says, oh, we're canceling the test. You study day after day and find out you don't even need to study. That's a waste of time.

Olivia: plenty of water is good. Skipping breakfast again? Not really good. Having family dinners every week? Yeah, Family is important too. Studying with a tutor? Mhm, You should get help if your behind in class.

Patricia: going to the gym? Good exercise, and healthy for your body. Enjoying times with friends? Friends are important in times of need. So yeah, good too. Taking extra courses? yeah, it's important to know what you want to do in the future, or just for fun! No harm at all.

Martin, Norman, and Olivia have just a little problem that they need to fix. Patricia? She's the one.

Universities A and B are substitutes in the minds of many college students. Initially the student tuition at each university is the same and far below the equilibrium tuition. Then, the tuition at A is raised and B is not. As a result of a rising tuition at A, some students who would have applied and enrolled in A, apply to B instead. Based on the logic presented in one of the theories discussed in the textbook, we would expect that

Answers

Answer:

the options are missing (see attached image), the correct answer is:

the fourth option: A and B

Explanation:

Since the demand for University B increased, their teachers should be more relaxed, resulting in a decrease of their performance, e.g. less punctual. On the other, the teachers of University A which lost students, should try to increase their performance level, e.g. being more punctual.

econ 100a final practice In a perfectly competitive market, firms take the market price as a given, which implies that the market demand is:

Answers

Answer:

Perfectly elastic

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

the market demand is perfectly elastic because goods in a perfect competition are identical, if a producer increase its price, consumers would stop demanding for the producer goods and shift to another producer.

The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio:
Long Horn Market Portfolio
Average return 19 % 12 %
Standard deviations of returns 35 % 15 %
Beta 1.5 1.0
Residual standard deviation 3.0 % 0.0 %
The risk-free return during the sample period was 6%.
What is the Treynor measure of performance evaluation for Long Horn Stock Fund?
a. 0.0133
b. 0.04
c. 0.0867
d. 0.3143
e. 0.3714

Answers

Answer: c. 0.0867

Explanation:

Treynor measure for Long Horn Stock Fund;

= (Average return - Risk-free return) / Beta

= (19% - 6%) / 1.5

= 0.08666667

= 0.0867

Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life of eight years, or 12,500 hours of operation. The crane was purchased on January 1, 2017, and was used 2,700 hours in 2017 and 2,600 hours in 2018. Refer to the information for Norwood, Inc. If Norwood uses the straight-line depreciation method, what is the book value at December 31, 2019

Answers

Answer:

Book value= $51,875

Explanation:

Giving the following information:

Purchase price= $80,000

Salvage value= $5,000

Useful life= 8 years

First, we need to calculate the annual depreciation under the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (80,000 - 5,000) / 8

Annual depreciation= $9,375

Now, we can determine the book value at the end of 2019:

Book value= purchase price - accumulated depreciation

Book value= 80,000 - (9,375*3)

Book value= $51,875

What is the risk premium for a company that has a yield rate of 6.30% when the risk-free rate is 4.93%?

Answers

Answer: 1.37%

Explanation:

The risk premium for a company that has a yield rate of 6.30% when the risk-free rate is 4.93% will simply be calculated by subtracting the risk free rate from the yield rate. This will then be:

= 6.30% - 4.93%

= 1.37%

plz answer dedo yaar​

Answers

Huh what does that mean

On December 31, Strike Company traded in one of its batting cages for another one that has a cost of $500,000. Strike receives a trade-in allowance of $11,000. The old equipment had an initial cost of $215,000 and has accumulated depreciation of $185,000. Depreciation has been recorded up to the end of the year. The difference will be paid in cash. What is the amount of the gain or loss on this transaction

Answers

Answer:

the amount of loss is $19,000

Explanation:

The computation of the amount of the gain or loss is shown below:

Old equipment cost is

= Initial cost of the equipment - accumulated depreciation

= $215,000 - $185,000

= $30,000

Now the gain or loss is

= Book value of an equipment - trade in allowance

= $30,000 - $11,000

= $19,000

hence, the amount of loss is $19,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

In the economy represented by the graph, which set of economic measures is
most likely present at point B in the business cycle?
The Business Cycle
А
с
Production output
D
B
Time
O A. The steady growth line has started to decline.
O B. The unemployment rate is at its lowest point.
O c. Gross domestic product is at its lowest point.
O D. The economy has started a period of recession.

Answers

The economy represents by the graph is a set of measures that is most likely to occur in the business cycle are Gross domestic product is at its lowest point. Thus option C is correct.

What are economic measures?

The economic measures are those that economist use for measuring the economy of a country and include the GDP, unemployment, and inflation. The GDP is the most important measure and refers to the business cycle. As per the graph, the GDP is at the lowest point.

Find out more information about the economic indicator.

brainly.com/question/903754

Answer: the unemployment rate is at its lowest point

Explanation:

just took the test

In general, value-creating diversification of General Electric under Jack Welch was:________
a) Economies of scope
b) Economies of scale
c) Market power
d) Financial economies
e) Brand loyalty

Answers

Answer:

b) Economies of scale

Explanation:

In general, value-creating diversification of General Electric under Jack  Welch was  Economies of scale.

He shut down factories, set workers loose, and offered a promise of "growing rapidly in a slow growth economy," titled a speech he made in 1981 shortly after he became President.

This period of mass restructuring gave him the surname of Neutron Jack when he took people out, much like a neutron bomb as he left the houses.

12.Sunnydale Organics, Inc. harvests crops in roughly 90-day cycles based on a 360-day year. The firm receives payment from its harvests sometime after shipment. Due in part to the firm's rapid growth, it has been borrowing to finance its harvests using 90-day bank notes on which the firm pays 12 percent discount interest. If the firm requires $60,000 in proceeds from each note, what must be the face value of each note

Answers

Answer: $61857

Explanation:

Let the face value of each note be represented by y.

We should also note that we are given a time period of 90 days = 3 months.

Discount interest = 12%. This will be 3% for every 3 months.

Face value of each nite will then be:

y = 60000/(100%-3%)

y = 60000 / 97%

y = 60000/0.97

y = 61,856.67

Wayfarer Company has no debt, and a value of $70.000 million. Adventures Incorporated is otherwise identical but has $28.000 million of debt in its capital structure. Under the different models, what is the value of Adventures Incorporated if its corporate tax rate is 25%, the personal tax rate on equity is 10%, and the personal tax rate on debt is 26%?

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment.

In point 1:

The answer is =70.000

In point 2:

[tex]=70.000+28.000 \times 25\%\\\\=70.000+28.000 \times \frac{25}{100}\\\\=70.000+28.000 \times \frac{1}{4}\\\\=70.000+ 7 \\\\=77.000\\\\=77[/tex]

In point 3:

[tex]=70.000+(1-(1-25 \%) \times \frac{(1-10\%)}{(1-26\%)) \times 28.000}\\\\=70.000+(1-(1- \frac{25}{100}) \times \frac{(1- \frac{10}{100})}{(1-\frac{26}{100})) \times 28.000}\\\\=70.000+(1-1+ \frac{1}{4}) \times \frac{(\frac{ 10-1}{10})}{( \frac{100-26}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{(\frac{9}{10})}{(\frac{74}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{0.9}{20.72}\\\\=70.000+ \frac{0.9}{82.88}\\\\=70.000+0.01058\\\\=70.01058\\\\[/tex]

A firm sells 420 units of a good when it charges a price of $24. When it charges a price of $28 it sells 480 units. What is the price elasticity of demand (in absolute value)?

Answers

Answer:

0.87

Explanation:

Price elasticity is defined as a measure of how responsive the quantity of a product demanded is to changes in its price.

It is important in determining how price changes affects the demand of a product.

The supplier uses this to gauge how an increase in price will affect demand and by extension their profits.

It is calculated by finding ratio of percentage change in quantity to percentage change in price.

Price elasticity = (% change in quantity demanded) ÷ (%change in price)

Change in quantity demanded = (480-420) ÷420 = 0.143

Change in price = (28-24) ÷ 24 = 0.167

Price elasticity = 0.143 ÷ 0.167 = 0.87

Your Boston-headquartered manufacturing company, Wruck Enterprises, obtained a 54-million-peso loan from a Mexico City bank last month to fund the expansion of your Monterrey, Mexico, plant. The exchange rate was 14 U.S. cents per peso when you took out the loan, but since then the exchange rate has dropped to 7 U.S. cents per peso. Has Wruck Enterprises made a gain or a loss due to the exchange rate change, and how much

Answers

Answer: 3.78 million dollars

Explanation:

Based on the information given in the question, the amount of money that Wruck Enterprises would pay when the exchange rate is 7 US cents per peso would be:

= 54-million × 7 cent

= 378,000,000 cent

= 3.78 million dollars

When the exchange rate was 14 U.S. cents per peso , the amount paid would have been:

= 54 million × 14 cent

= 756,000,000 cent

= 7.56 million dollars

Therefore, Wruck Enterprises made a gain of (7.56 million - 3.78 million) = 3.78 million dollars

A firm has a capital structure with $14 in equity and $72 of debt. The cost of equity capital is 14.16% and the pretax cost of debt is 5.34%. If the marginal tax rate of the firm is 28.94% Compute the weighted average cost of capital of the firm.

Answers

Answer: 5.48%

Explanation:

Total capital = 14 + 72 = $86

Weight of equity = 14/86

Weight of debt = 72/86

WACC = (Weight of debt * Cost of debt * ( 1 - tax)) + (Weight of equity * cost of equity)

= (72/86 * 5.34% * (1 - 28.94%)) + (14/86 * 14.16%)

= 0.0317687776744186 + 0.02305116279

= 5.48%

The manager of Stock Division projects the following for next year: Sales $185,000 Operating income $58,500 Operating assets $375,000 The manager can invest in an additional project that would require $40,000 investment in additional assets and would generate $6,000 of additional income. The company's minimum rate of return is 14%. What is the residual income for Stock Division without the additional investment

Answers

Answer: $6000

Explanation:

The residual income for Stock Division without the additional investment will e calculated as:

= Operating Income - (Operating assets × Required rate of return)

= $58500 - ($375000 × 14%)

= $58500 - $52500

= $6000

The ability to deter entry requires A. a credible threat that if entry occurs the firm is willing to produce more than they would otherwise. B. a clever accounting department. C. a credible threat that if entry occurs the firm will not produce more than they would otherwise. D. a good lawyer.

Answers

Answer: A. a credible threat that if entry occurs the firm is willing to produce more than they would otherwise.

Explanation:

Deterring entry simply means the action that are used by firms in order to.pteevwnt other firms of competitors from entering the market or not being able to compete.

Therefore, the ability to deter entry requires a credible threat that if entry occurs the firm is willing to produce more than they would otherwise.

Documents created with Calc are saved as which file extension?
A.
.com
B.
.odp
C.
.org
D.
.ods


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

D. .ods

Explanation:

edge

Which of the following should not be a major consideration when it comes to selecting your career path?


What your parents think you should do

What you are passionate about

What you are naturally good at

What your interests are

Answers

Answer: I believe its : what your interest's are

Explanation:

What is the maximum hourly output from a process with four steps having outputs of 20 units/hour, 25 units/hour, 30 units/hour and 15 units/hour?

Answers

Answer:

The maximum hourly output from the process with four steps is:

22.5 units/hour.

Explanation:

a) Data and Calculations:

Outputs:

20 units/hour,

25 units/hour,

30 units/hour and

15 units/hour

Total units 90

Total hours = 4

Maximum hourly output = Total output units divided by the total hours

= 90/4

= 22.5 units per hour.

b) This implies that the process can produce 22.5 units per hour at its maximum performance.  This is also the average output from the four processing steps.

Vaughn Company made a purchase of merchandise on credit from Ivanhoe Company on August 8, for $8900, terms 2/10, n/30. On August 17, Vaughn makes the appropriate payment to Ivanhoe. The entry on August 17 for Vaughn Company is: Accounts Payable 8900 Purchase Returns and Allowances 178 Cash 8722 Accounts Payable 8900 Cash 8900 Accounts Payable 8722 Cash 8722 Accounts Payable 8900 Inventory 178 Cash 8722

Answers

Answer:

Accounts Payable 8900 Inventory 178 Cash 8722

Explanation:

The journal entry is shown below:

Accounts payable $8,900  

       To inventory             $178  ($8,900 × 2%)

       To Cash                    $8,722

(Being the payment is recorded)

Here the account payable is debited as it decreased the liabilities and the inventory and cash is credited as it also decreased the assets

Therefore the last option is correct

A firm has a tax burden of 0.6, a leverage ratio of 1.2, an interest burden of 0.7, and a return-on-sales ratio of 14%. The firm generates $2.64 in sales per dollar of assets. What is the firm's ROE

Answers

Answer:

18.63%

Explanation:

Calculation for the firm's ROE

Using this formula for

ROE=(Tax burden)(Leverage ratio)(Interest burden)(Return-on-sales ratio)(Sales per dollar of assets)

Let plug in the formula

ROE = (.6)(1.2)(.7)(.14)(2.64)

ROE=18.63%

Therefore the firm's ROE is 18.63%

When analyzing the Production Possibility Curve, what is the value of a good given up in order to produce more of another good?

Answers

Answer:

reschedule for next week and I will be there in a few minutes to

Weyerhaeuser Co decides to buy multi-line phone system for its business operations from Norway. The cost of multi-line phone system is 49,300 Norwegian krones. Approximately, how much in U.S. dollars will Weyerhaeuser Co pay if $1 is equal to 7.1429 Norwegian krones (Norwegian krone/$)?
a) $8,282
b) $16,135
c) $6,902
d) $7.977
e) none of the answers is correct

Answers

Answer:

c) $6,902

Explanation:

Cost of system = 49300 Krones

Exchange rate : $1 = 7.1429 Krones

So, Amount in $ = Cost of system / Exchange rate

Amount in $ = 49300 / 7.1429

Amount in $ = 6901.958588248471

Amount in $ = $6,902

Other Questions
Read the excerpt from The Call of the Wild and answer the question that follows.He had a way of taking Buck's head roughly between his hands, and resting his own head upon Buck's, of shaking him back and forth, the while calling him ill names that to Buck were love names. Buck knew no greater joy than that rough embrace and the sound of murmured oaths, and at each jer k back and forth it seemed that his heart would be shaken out of his body so great was its ecstasy.Which word from the passage is an example of onomatopoeia?roughlymurmuredshakenshaking Energy is the ability to do __________. A jewelry artist is selling necklaces at an art fair. It costs $135 to rent a booth at the fair. The cost of materials for each necklace is $4.50. The artist is selling the necklaces at $12 each. The inequality LaTeX: 12n > 135 + 4.50n12 n > 135 + 4.50 n represents the situation in which the artist makes a profit. Will the artist make a profit if she sells 15 necklaces? Show how you know. Be sure to indicate what the variable n represents. You want to know about the dining habits of college students in the US. Since you do not have resources to survey all college students in the nation, you take a random sample of 1501. You learn that, on average, they eat out 4 times per week. Also, these sample data are generally distributed about the average of 4 times, by 1.5 times per week. 1. What is the average times per week that college students across the nation eat out here is the question I attached a image i'm not sure what's the answer? :) Part A: Explain why the x-coordinates of the points where the graphs of the equations y = ^2x and y = ^4x + 3 intersect are the solutions of the equation 2^x = 4^x + 3.Part B: Make tables to find the solution to 2^x = 4^x + 3. Take the integer values of x only between 3 and 3. Part C: How can you solve the equation 2^x = 4^x + 3 graphically? A managed portfolio has a standard deviation equal to 26% and a beta of .9 when the market portfolio's standard deviation is 22%. The adjusted portfolio P* needed to calculate the M2 measure will have ________ invested in the managed portfolio and the rest in T-bills. A. 84.6% B. 118% C. 18% D. 15.4% How did the industrial revolution affect slavery what is a simplified fractional eqeuvilent of a teminating decimal .68 Need help immediately please !!! Convert 4/16 to a decimal.0.1O0.250.50.75 What is the value of 0.6 + 0.3? Write your answer as a fraction in lowest terms. 0.6 is repeated. WILL MARK BRAINLIEST! :) Diversity occurs in many places in meiosis. In what process is the first place where the pieces of DNA switch positions with the homologous sister chromatids? A. Interphase B.Independent Assortment C. Crossing Over D.Anaphase E. Randomness of egg and sperm meeting Which house of Congress gives equal power to all 50 states?The SenateO The House of RepresentativesThe State AssemblyO The Supreme Court What are the three main groups into which mammals are divided? Claudia spends $2.15 a day for lunch. Her cafeteria lunch account has a balance of $48.00. Which equation can be used to determine the maximum number of days, d, that she can eat without adding money to her lunch account? At Parkview Middle School, 6th grade students were given a survey about their favorite flavor of icecream. The results showed that 18 students stated that strawberry was their favorite ice creamflavor. This number represented 12% of the total number of 6th grade students who took the survey.What was the total number of 6th grade students who took the survey? Who knows how to do this I TRULY NEED HELP What is the equation of the line through (2,3) and (0,-1)\WILL GIVE BRAINLIEST