An elevation sheet which is used in a subdivision shows which of the following:

A: Topography of the land including slope, elevation of the site, streets, sidewalks, and curbs;
B: Drawings of the front and side views of the finished homes;
C: An interior of the homes showing framing and structure of the homes;
D: An aerial view of the site.

Answer: B: Drawings of the front and side views of the finished homes;

Business

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In the case of a 1-year option, the current stock price is $52 per share. If the stock price has an equal chance of ending the year at either $58 or $45, what is the ? given an interest rate of 6.0% and an exercise price of $50?

A) 0.2145 B) 0.3254 C) 0.5411 D) 0.6154

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