In 2005, Amaranth made substantial option bets on the price of natural gas. Suppose the price of natural gas had fallen by as much as it increased. Would Amaranth have lost as much as it gained
in 2005?
What will be an ideal response?
No. Amaranth bought out-of-the money call options. Therefore, the most it stood to lose were the premiums plus sacrificed interest income.
.
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Where would the closing entries be found for a particular company?
A) financial statements B) general journal C) trial balance D) journal entries
A ________ is a basis for classical statistical inference that is bell-shaped and symmetrical in appearance
A) normal distribution B) standard deviation C) variance D) confidence interval E) classic symmetry
There is a downward trend in the organizations’ ability to gather all stakeholders for the decision-making process.
a. True b. False
On January 1, 2017, Damron Services issued $20,000 of 8% bonds that mature in five years. The bonds were issued for $19,000. Prepare the journal entry to issue bonds
What will be an ideal response