Use VaR techniques to determine the cost of insurance on a risky investment. The investment asset has a value of $80 and pays no dividend. The historical standard deviation of the asset is 15% and the expected return on the asset is 8%
At the 95% confidence level, what is the price of a put option that insures the asset over the next year?
A) $2.56
B) $1.25
C) $0.86
D) $0.15
D
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As cash processing systems become more automated and integrated, which of the following is true about the general concept of segregation of duties?
a. Segregation of duties becomes less important. b. Segregation of duties becomes more important. c. The importance of segregation of duties does not change. d. Segregation of duties becomes completely computerized without human involvement.
________ are the rewards given to a person by the boss, the company, or some other person.
A. Hygiene factors B. Personalized powers C. Extrinsic rewards D. Halo effects E. Procedural justices
To be effective, the participants in a sales club should sell competing products.
Answer the following statement true (T) or false (F)
Which of the following steps in the selling process is most focused on ensuring customer satisfaction and repeat business?
A) preapproach B) demonstration C) handling objections D) qualifying prospects E) follow-up