Individuals who have high income reported on Form 1099 may be required to pay estimated tax payments.

Open-source software is developed by:

A) in-house developers. B) employees of a particular company. C) communities of interested people. D) consultants. E) application service providers.

Suppose that a stock sells at a price of $60 on the expiration date. Compute the payoff to the seller of a put option if the option strike price is $20

A) -$20 B) -$10 C) 0 D) $40