The stock price of Harper Corp. is $33 today. The risk-free rate of return is 6%, and Harper Corp. pays no dividends. A put option on Harper Corp. stock with an exercise price of $30 and an expiration date 73 days from now is worth $.95 today. A call option on Harper Corp. stock with an exercise price of $30 and the same expiration date should be worth __________ today.
A. $2.25
B. $3.14
C. $3.99
D. $4.31
D. $4.31
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Answer the following statements true (T) or false (F)
1. A company with a formalized, structured work environment aimed at achieving efficiency, timeliness, and reliability in the creation and delivery of products has a clan culture. 2. Organizational culture appears as three layers: observable artifacts, token values, and foundational beliefs. 3. In an organization, culture exists on both visible and unobservable levels. 4. Allowing business-casual dress in the workplace is an example of the espoused values portion of organizational culture.
In a dual vertical marketing system, manufacturers can cater to multiple target markets with different distribution systems
Indicate whether the statement is true or false
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted ActivityActivity Cost PoolBudgeted CostProduct AProduct BActivity 1$87,000 3,000 2,800 Activity 2$62,000 4,500 5,500 Activity 3$93,000 2,500 5,250 Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product B under activity-based costing?
A. $15.00 B. $2.33 C. $2.00 D. $3.00 E. $10.28
Which of the following sequences works best for most persuasive messages?
A) Motivate action, gain attention, build interest, request order B) Gain attention, build interest, elicit desire and reduce resistance, motivate action C) Build interest, gain attention, motivate action, elicit desire and reduce resistance D) Gain attention, build interest, motivate action, request order