Which of the following describes a protective put?
A. A long put option on a stock plus a long position in the stock
B. A long put option on a stock plus a short position in the stock
C. A short put option on a stock plus a short call option on the stock
D. A short put option on a stock plus a long position in the stock
A
A protective put consists of a long put plus the stock. The holder of the put owns the stock that might become deliverable.
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Which of the following refers to a nonprobability sample in which the researcher finds and interviews a prescribed number of people in each of several categories?
A) quota sample B) judgment sample C) convenience sample D) stratified random sample E) simple random sample
A particular firm added three new products earlier this year to increase variety for customers. Two of the products failed to reach the minimal sales quota. Which of the following is LEAST likely to have been the cause of their failure?
A) The products were priced too high. B) The products were advertised incorrectly. C) Competitors fought back harder than expected. D) Product research was too extensive. E) The product development costs were high.