Bonds maturing in 1, 2, and 3 years have prices of 0.9323, 0.8762, and 0.8002, respectively. A 0.8900 call on a 1-year bond matures in 1 year with ? = 0.25. What is the price of a 10.0% interest rate caplet that expires in 1 year?
A) $0.50
B) $0.60
C) $0.70
D) $0.80
C
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As an employee's age increases, his or her
A. job involvement decreases. B. absenteeism increases. C. job satisfaction increases. D. work motivation decreases. E. organizational commitment decreases.
When one company purchases less than 50% of equity securities in a second company, which of the following statements is true?
a. The purchaser is referred to as the parent. b. The purchaser is referred to as the subsidiary. c. The company whose securities are purchased is the subsidiary. d. The company whose securities are purchased is the investee.
A firm has a huge amount of individual customer data saved in different databases. Which of the following can be used to integrate, analyze, and apply the available information effectively?
A) online market research tools B) integrated marketing systems C) CRM systems D) internal survey methods E) quality assurance tools
The ________ inventory system updates accounting records for each purchase and each sale of inventory.
Fill in the blank(s) with the appropriate word(s).