The 6-month call and put premiums are $0.114 and $0.098, respectively, with a $0.94 strike. Dollar and euro interest rates are 7.0% and 6.0%, respectively. What spot exchange rate is implied by this data?
A) $0.98 dollars per euro
B) $1.02 dollars per euro
C) $1.05 dollars per euro
D) $1.09 dollars per euro
B
You might also like to view...
Dwell rate measures the proportion of ad impressions that result in users clicking an advertisement or mousing over the ad
Indicate whether the statement is true or false
On October 30, Seba Salon, Inc issued a 90-day note with a face amount of $36,000 to Reyes Products, Inc for merchandise inventory. Determine the adjusting entry for Seba on December 31 assuming the note carries an interest rate of 8%
A) Interest Expense 720Interest Payable 720 B) Interest Expense 496Interest Payable 496 C) Interest Receivable 2,880Interest Revenue 2,880 D) Interest Receivable 480Interest Revenue 480
How effective is the Pay Reform Act?
What will be an ideal response?
After a corporation declares a cash dividend, what takes place on the date of record?
A) Cash decreases. B) Liabilities decrease. C) Equity decreases. D) No entry is necessary.