Since delta of an option changes over the same time period that a stock price is changing, what is the delta used to calculate the approximate change in the option price?
A) Delta at the start of the time period
B) Delta at the end of the time period
C) The average delta over the time period
D) The median delta over the time period
C
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Which of the following is pure life insurance with a savings element built in
A. term life. B. universal life. C. endowment life. D. variable universal life. E. variable life.
Spend a lot of time second guessing myself and would hate to look back in a year or two and realize that I had spent more than I needed to. What does the regret table look like for this decision and what is the location of choice?
The Vacation Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below. Region Strong Dollar Middling Dollar Weak Dollar Eastern Europe 33 54 57 Southeast Asia 41 56 36 Australia 45 44 58 Galapagos Islands 37 35 26 Scandinavia 38 11 48