Which of the following is a characteristic of intangible assets?
A) held for resale
B) long-lived
C) monetary asset
D) physical existence
Answer: B
Business
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Lead users are users who purchase a product only after it has been used by the majority of mainstream users
Indicate whether the statement is true or false
Business
A binary option pays off $100 if a non-dividend-paying stock price is greater than its current value in three months. The risk-free rate is 3% and the volatility is 40%. Which of the following is its value?
A. 99.25N(-0.1375) B. 99.25N(0.1375) C. 99.25N(-0.0625) D. 99.25N(0.0625)
Business