Which of the following would be classified as an intangible cost?
A) Hardware costs
B) Labor costs
C) Employee morale
D) Operational costs
E) Internet service setup fee
C
Explanation: C) Intangible benefits refer to items that cannot be easily measured in dollars or with certainty. Employee morale is an example of a cost that is not easily measured.
CL
Business
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Suppose the spot exchange rate is $1.22 per British pound and the strike on a dollar denominated pound put is $1.20. Assume r = 0.04, rf = 0.05, ? = 0.20 and the option expires in 270 days. What is the put option price?
A) $0.075 B) $0.085 C) $0.095 D) $0.105
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What are the key points of the "Issuer and Management Disclosure" of the Sarbanes-Oxley Act?
Business