The value of an Asian put option is computed using the geometric average strike. What is the expected payoff if the observed prices to date are 71, 72, 70, 68, 69, and 68, respectively?

A) 1.35
B) 1.45
C) 1.55
D) 1.65


D

Business

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Mantra Oil Inc. indorses a check "Pay Habib Coal Corp. only if it delivers 1,000 tons of coal by September 30, 2014." Under Revised Article 3 of the Uniform Commercial Code, this is a ________ indorsement.

A. qualified B. restrictive C. blank D. conditional

Business

If the kurtosis is positive, the distribution is more peaked than a normal distribution

Indicate whether the statement is true or false

Business

American Corporation purchased a 3-month U.S. Treasury bill. In preparing American's statement of cash flows, this purchase would

a. be treated as an outflow from investing activities. b. be treated as an outflow from operating activities. c. have no effect. d. be treated as an outflow from financing activities.

Business

Describe what an agenda is in regard to a meeting plan.

What will be an ideal response?

Business