An investor has a long call option on the market index at a strike price of $930. At expiration the index price is $920. Explain the profit and loss
What will be an ideal response?
The long call investor has the right, not the obligation, to exercise. Thus, she will elect to let the option expire unexercised and realize no profit or loss.
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When evaluating field workers, the interviewer's time should be broken down into all of the following categories EXCEPT:
A) actual interviewing. B) travel. C) administration. D) B and C E) A, B and C
Why are equivalent units of production used in process costing?
A) To determine the total of overhead costs B) To determine the number of units in work in process and finished goods inventories C) To determine the costs per unit and costs of inventories in each process D) To determine the length of the process
Which of the following is not likely to be an example of a project?
a. Constructing a roadway tunnel b. Planning a wedding c. Building a custom home d. Cleaning kitchen equipment at a restaurant
The additivity feature of linear programming models assumes that the objective function can be calculated by adding the individual contributions of each decision variable
a. True b. False