The current market price of a share of TSCO stock is $75. If a put option on this stock has a strike price of $79, the put
A. is out of the money.
B. is in the money.
C. can be exercised profitably.
D. is out of the money and can be exercised profitably.
E. is in the money and can be exercised profitably.
E. is in the money and can be exercised profitably.
If the striking price on a put option is more than the market price, the option is in the money and can be profitably exercised.
You might also like to view...
Acme Global uses four different selection tests: an honesty test, a skills test, a cognitive ability test, and an interview. Each test is worth 25 points. To become a finalist, a job candidate must get an average score of 75 on the four tests. Acme Global is using a(n) __________ selection model.
A. inquiry B. multiple-hurdle C. compensatory D. closed ended
Which of the following is an advantage of conventional questionnaires and interviews used for job analysis?
A. The process takes lesser time than quantitative methods. B. The process is virtually free of faulty results. C. The process is both systematic as well as objective. D. The process involves employees, which increases their understanding. E. The entire process is free from bias and favouritism.
Your local paper carrier could make use of the shortest-route technique
Indicate whether the statement is true or false
All of the following are potential disadvantages of short-term debt EXCEPT
A) short-term debt must be paid back more quickly than long-term debt. B) uncertainty of interest costs because short-term debt must be replaced often. C) short-term debt generally has a higher interest cost than long-term debt. D) a greater risk of illiquidity than long-term debt.