An option that can be exercised at any time up to maturity is called a(n) ________
A) swap
B) stock option
C) European option
D) American option
D
You might also like to view...
Royer Corporation engaged in this transaction: Abandoned fully depreciated equipment. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Investing activities section b. Operating activities section c. Does not represent a cash flow d. Financing activities section
Which of the following is/are not true regarding inventory?
a. Inventory refers to goods and other items that a firm owns and holds for sale or for further processing as part of its operations. b. Inventory is called "stock" in some countries. c. When the firm sells inventory, the carrying amount of that inventory becomes an expense. d. Inventories are a major asset for merchandising and manufacturing firms. e. The following equation measures all quantities in physical units: Beginning Inventory - Additions + Withdrawals = Ending Inventory
Decentralization is frequently chosen by companies because it
A) allows higher management to make all decisions. B) allows higher management to gather local information to make better decisions. C) protects segments of the company from competitive pressures. D) allows for training and motivation of local managers. E) allows the CEO to make all important decisions.
To raise $12 million to expand operations, Star Corporation makes a stock offering directly to sixty accredited investors and twenty sophisticated, but unaccredited investors. Star plans to notify the SEC of sales. Under the Securities Act of 1933, this issue may qualify as an "exempt" transaction
a. as is. b. if all of the investors are also given certain material information. c. if the offering is also made available to the general public. d. under no circumstances.