The current price per cord of lumber is $26.00. The effective annual lease rate is 2.0% and the risk free rate is 4.0%. The cost to harvest one cord is $20.00 and constant. What is the trigger price at which we will harvest the lumber?
A) $27.61
B) $31.61
C) $35.61
D) $39.61
D
Business
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Consumers often choose and use brands that have a brand personality consistent with how they think others view them, also known as the ________ self-concept
A) actual B) others' C) ideal D) dual E) perceptual
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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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