Donald Trump offers to give you a partnership share in his casinos if the price of his shares drops below a certain level. He charges a nominal fee for this right. What is he offering you and is he wise?
What will be an ideal response?
You are being offered an asset-or-nothing put. If his fee is more than the value of the put, the offer is advantageous to him.
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The _______ goes beyond the augmented product to encompass any imaginable product change or service, program, or system a supplier might create to add value or reduce cost in ways that set itself apart from others
a. brand b. minimally augmented product c. core product d. potential product
Reading is an inefficient means of gaining information because you cannot control the flow of information
Indicate whether the statement is true or false
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 15%, betas of 1.6, and standard deviations of 30%. The returns of the two stocks are independent, so the correlation coefficient between them, rXY, is zero. Which of the following statements best describes the characteristics of your 2-stock portfolio?
A. Your portfolio has a standard deviation of 30%, and its expected return is 15%. B. Your portfolio has a standard deviation less than 30%, and its beta is greater than 1.6. C. Your portfolio has a beta equal to 1.6, and its expected return is 15%. D. Your portfolio has a beta greater than 1.6, and its expected return is greater than 15%. E. Your portfolio has a standard deviation greater than 30% and a beta equal to 1.6.
As long as the slope of the objective function stays between the slopes of the binding constraints
a. the value of the objective function won't change. b. there will be alternative optimal solutions. c. the values of the dual variables won't change. d. there will be no slack in the solution.