The spot price of the market index is $900. After 3 months the market index is priced at $915. The annual rate of interest on treasuries is 2.4% (0.2% per month). The premium on the long put, with an exercise price of $930, is $8.00
Calculate the profit or loss to the short put position if the final index price is $915.
A) $15.00 gain
B) $15.00 loss
C) $6.95 gain
D) $6.95 loss
D
You might also like to view...
Mobile ad copy should occupy only 50 percent of the screen
Indicate whether the statement is true or false
Which of the following are examples of internal publics of a company?
A) newspapers, magazines, television stations, blogs, and other Internet media B) governmental departments and agencies that regulate businesses C) neighborhood residents and community organizations D) the managers, board of directors, and workers of the company E) the general public that is directly affected by the company
In most business organizations, the chief management accountant is called the:
A) chief accounting officer B) controller C) chairman of the board D) chief executive officer
The primary purpose of which kind of dialogue is to imagine the different, possible futures that one might create, and use that insight in the present?
a. The sounding-board conversation b. The big-picture conversation c. The “expertise in inquiry” conversation d. The visionary conversation