The minimum value of a call option equals
A) exercise price - the stock price.
B) stock price - exercise price.
C) call premium - (stock price - exercise price).
D) put premium - (exercise price - stock price).
Answer: B
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Exhibit 20-4 On January 1, 2016, Average Leasing Company entered into a direct financing lease with a lessee, Lenny Company. The lease agreement calls for five equal annual payments of $75,000 at the beginning of each year with the first payment due on January 1, 2016. The leased property has an estimated residual value of $10,000, which Lenny does not guarantee. The property remains the property
of Average at the end of the lease term. Average desires a 12% rate of return. Present value factors for a 12% interest rate are as follows: Present value of $1 for n = 1 0.892857 Present value of $1 for n = 5 0.567427 Present value of an ordinary annuity for n = 5 3.604776 Present value of an annuity due for n = 5 4.037349 ? Refer to Exhibit 20-4. What is the amount of interest revenue that Average should recognize on the lease for the year ended December 31, 2016 (round the answer to the nearest dollar)? A) $37,017 B) $28,017 C) $36,336 D) $27,336
Positioning analysis may lead a firm to segmenting, rather than combining.
Answer the following statement true (T) or false (F)
The school Brenda attends has an advising and registration day where students go to a large hall to sign up for classes. The school Taylor attends assigns each student to an individual faculty member who advises each student through their course of study. Taylor's school is most likely emphasizing which of the five dimensions of service quality?
What will be an ideal response?
Which of the following statements is NOT a way in which an organizing campaign is kicked off?
A. Employees request that a union begin one for them. B. National and international unions contact employees in organizations that have been targeted for organizing. C. Employees themselves begin it. D. Management steps in and provides relevant information to the employees.