Which of the following is the payoff from an average strike call option?
A. The excess of the strike price over the average stock price, if positive
B. The excess of the final stock price over the average stock price, if positive
C. The excess of the average stock price over the strike price, if positive
D. The excess of the average stock price over the final stock price, if positive
B
An average strike call pays off the excess of the final stock price over the average stock price if this is positive
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Depreciation is a process by which:
A) replacement funds are accumulated for plant and equipment. B) the decline in market value of plant and equipment is determined and recorded. C) the cost of plant and equipment is allocated to expense over its useful life. D) the difference between current market value and historical cost of plant and equipment is recorded.
E-commerce and e-business systems blur together at the business firm boundary, at the point at which internal business systems link up with suppliers or customers
Indicate whether the statement is true or false
The U.S. has much stronger privacy laws and practices than Europe
Indicate whether the statement is true or false
What is the name given to an agreement that results from the actions of the parties rather than an exchange of specific promises?
A. Express contract B. Void contract C. Implied contract D. Unenforceable contract