What is the fundamental value of a put contract with a strike price of $25 when the option price is $1.50 and the underlying common stock sells for $26?
A) $150
B) $100
C) $0.00
D) -$100
Answer: C
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Which of the following identifies Business 2.0 communication and collaboration tools?
A. Tags, Web logs, RSS B. Microblogs, Tweets, RSS C. API, RSS, tacit knowledge D. Blogs, wikis, mashup
Which of the following are two major forms of direct-response television marketing?
A) dynamic imaging and direct-response TV B) home shopping channels and infomercials C) home-selling and direct selling D) call-in response and Web-site response E) home shopping channels and life cycle marketing
Many public relations counselors predict which one of the following?
A. A diminishing need for outside public relations counsel B. Less resistance to outside advice by insiders C. Fewer large centralized internal public relations departments
The contribution margin ratio of Kuck Corporation's only product is 75%. The company's monthly fixed expense is $585,000 and the company's monthly target profit is $11,250. Required:Determine the dollar sales to attain the company's target profit.
What will be an ideal response?