Why does an Asian option benefit from a larger number of draws in a Monte Carlo simulation?
What will be an ideal response?
Since an Asian option uses the average price and not the actual price, the larger sample size reduces the variance of individual outcomes.
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When you request an adjustment, asking the company to assess your claim and then propose a fair solution to the problem is
A) a waste of time. B) effective with small companies only. C) always more effective than proposing a solution of your own. D) helpful when you are uncertain about the exact nature of the problem. E) feasible only if you have hired legal counsel.
Power centers are characterized by the ________
A) lack of an anchor store B) sale of exclusive brands only C) provision of individual entrances to each store D) provision for nonretail activities, such as playgrounds E) absence of any pricing strategies for differentiation
The U.S. Congress creates federal administrative agencies through statutes called regulatory legislation
Indicate whether the statement is true or false
Francesca works for GlassworksInc Near her workstation is a conveyor belt that runs into a large industrial oven. Some workers, including Harry, Francesca's supervisor, use the oven to heat food. One day, when the conveyor is not moving, Francesca uses
the oven to cook her lunch. As she removes the food from the oven, the conveyor comes on and Francesca is pulled partially into the oven and suffers seriousburns. Francesca seeks recovery under the state workers' compensation law. Should she recover? Why or why not?