For a spread to be successful, the difference in strike prices must be greater than the net cost of the purchased option(s)

Indicate whether the statement is true or false.


Answer: TRUE

Business

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List and describe Peter Frost’s Seven Deadly INs. Using your own experiences, provide some practical examples of each of the Ins and how they affect teams. Using your knowledge gained in the subject, provide some advice on how the INs can be managed in teams.

What will be an ideal response?

Business

Alice makes a material misrepresentation of fact to Betty, and based upon the misrepresentation, Betty enters into a contract. Betty now realizes she was deceived and wants to get out of the contract. This contract is voidable at Betty's option

a. True b. False Indicate whether the statement is true or false

Business

Grand Products is a price-setter that uses the cost-plus pricing approach for pricing its products

These products are unique, artistically designed architectural decorations. Grand produces and sells 6,200 units per year, which represent maximum capacity. Variable costs are $300 per unit. Total fixed costs are $910,000 per year. The CEO has a target of $60,000 in operating income, which he wants to achieve by year-end. Using the cost-plus pricing method, what sales price should Grand use? (Round your answer to the nearest cent.) A) $309.68 per unit B) $446.77 per unit C) $456.45 per unit D) $156.45 per unit

Business

The 1934 Securities Exchange Act requires certain disclosure during a tender offer. Which of the following best describes this requirement?

A) Whenever stock is acquired with intent to effect a takeover B) Whenever an offer for more than 5 percent of a class of registered equity securities is made C) Whenever 10 percent of a target corporation's stock is acquired D) Whenever the acquiring company acquires a controlling interest in the target

Business