The spot price of the market index is $900. After 3 months, the market index is priced at $920. An investor has a long call option on the index at a strike price of $930. After 3 months, what is the investor's profit or loss?
A) $10 loss
B) $0
C) $10 gain
D) $20 gain
B
Business
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Indicate whether the statement is true or false
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When using backflush costing, product costs are first accumulated in the __________ account
A) Cost of Goods Sold B) Work in Process Inventory C) Conversion Costs D) Finished Goods Inventory
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Financial markets are
A. constrained by lack of liquidity. B. not globally integrated. C. global. D. not open to foreign businesses.
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Effects of too little capacity include all of the following except?
a. Fewer mistakes b. Lost customers c. Overburden d. Long product completion times
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