Which of the following is true for a long position in an option
A. Both gamma and vega are negative
B. Gamma is negative and vega is positive
C. Gamma is positive and vega is negative
D. Both gamma and vega are positive
D
Gamma and vega are both positive for a long position in an option. It does not matter whether the option is a call or a put.
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Which of the following specifies that U.S. government agencies must give preference to U.S. products when putting contracts for equipment out to bid unless the foreign products have a significant price advantage?
A. Export Administration Act B. Helms-Burton Act C. Hawley-Burton Act D. Buy America Act E. Volcker Rule
Sue wants to conform to her manager's work style, so she should
A) ask her manager to change his or her style to match hers. B) learn to complement the manager's style. C) match her work style to her manager's preferences and needs. D) minimize in-person discussions with the boss.