The spot price of the market index is $900. After 3 months the market index is priced at $920. The annual rate of interest on treasuries is 2.4% (0.2% per month). The premium on the long put, with an exercise price of $930, is $8.00
What is the profit or loss at expiration for the long put?
A) $2.00 gain
B) $2.00 loss
C) $1.95 gain
D) $1.95 loss
C
Business
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Which question should you NOT ask yourself when considering the ethics of a business situation?
a. Is the action legal? b. Does the action violate professional standards? c. Who is affected by the action? d. Can I get away with this action?
Business
Agreements with _____ are more likely to be in writing with sanctions for noncompliance
Fill in the blanks with correct word
Business