A stock currently sells for $15 per share. A put option on the stock with an exercise price $15 currently sells for $1.50 . The put option is
a. At-the-money.
b. In-the-money.
c. Out-of-the-money.
d. At breakeven.
e. None of the above.
A
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Describe and compare the four types of customers classified by their potential profitability to an organization. Explain how an organization should manage each type of customer
What will be an ideal response?
Which of the following is defined as the moral obligation to stay with the organization--because it is the right thing to do?
A. normative commitment B. job commitment C. continuance commitment D. affective commitment
Lynch Corporation bought a piece of machinery. Selected data is presented below: Useful life 8 years Yearly net cash inflow $48,000 Salvage value - 0 - Internal rate of return 16% Cost of capital 13% Present value tables or a financial calculator are required. The initial cost of the machinery was
a. $201,496 b. $208,493 c. $215,390 d. $230,342
According to the text, an organization that coordinates economic activity to deliver value to customers using resources outside its traditional boundaries is an integrated corporation.
Answer the following statement true (T) or false (F)