A(n) ________ gives you the opportunity to purchase or sell stocks at a set price for a set period of time and is a very risky investments
Fill in the blank(s) with the appropriate word(s).
Answer: stock option
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The data-mining application that identifies which prospective clients should be included in a mailing or email list to obtain the highest response rate is known as _____.
A. trend analysis B. customer churn C. consumer clustering D. direct marketing
Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2010 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2009 was 12,000 units. On average, 25 percent of the futons are produced during the month before they are sold, which normally accounts for the ending balance in finished goods inventory. The
planned selling price is $150 per unit. Fantastic Futons buys direct materials for the futons in cloth rolls priced at $80 each. Each roll provides direct material for 40 futons. There was one roll in the direct materials inventory at the beginning of January, and the company expects to have four rolls in inventory at the end of the month. Assuming the production budget calls for 60,000 units to be produced in January, what would be the amount of the cloth rolls direct materials purchases budget for that month? a. $119,760 b. $114,000 c. $120,000 d. $120,240
Alpha Inc.'s beta coefficient is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Based on the capital asset pricing model (CAPM), what should be Alpha's cost of retained earnings?
A. 11% B. 17% C. 12% D. 18% E. 16%
The price of one country's currency expressed in terms of another country's currency is referred to as the
A. balance of payments. B. transfer payment. C. money conversion factor. D. balance of price. E. currency exchange rate.