What is the number of different option series used in creating a butterfly spread?

A. 1
B. 2
C. 3
D. 4


C

Three different options all with the same maturity are involved in creating a butterfly spread. The strike prices are usually equally spaced. The creator buys the low strike option, buys the high strike option, and sells two of the intermediate strike option

Business

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Which of the following statements is true of government securities?

A. They pay their holders a stated rate of interest after the securities mature. B. The interest income earned on municipal bonds is subject to federal income taxes. C. The biggest single issuer of government securities is the federal government. D. They are IOUs issued to government entities when corporate entities borrow money.

Business

A firm is considering purchasing an asset that will cost $1 million. Other depreciable costs include $100,000 in installation costs

If the asset is classified in the 3-year class, what is the annual depreciation for each year for this asset using the fixed depreciation percentages given by MACRS? (The percentages are 33.33%, 44.45%, 14.81%, and 7.41%, respectively.) A) $366,667, $366,667, $366,667 and $0 for years 1, 2, 3, and 4, respectively B) $275,000, $275,000, $275,000, and $275,000 for years 1, 2, 3, and 4, respectively C) $366,630, $488,950, $162,910, and $81,510 for years 1, 2, 3, and 4, respectively D) $366,630, $488,950, $81,510, and $81,510 for years 1, 2, 3, and 4, respectively

Business

Briefly explain the functions of the data link layer

What will be an ideal response?

Business

Project managers must be able to

a. use a sense of humor, even if inappropriate. b. become unruffled at times due to the stress. c. blame others when the project is not going as planned. d. handle the stress that can arise from work situations.

Business