Assume that a $50 strike call has a 3.0% continuous dividend, ? = 0.27, r = 0.06 and 60 days from expiration. What is the gamma for a stock price movement from $48.00 to $49.00?

Assume that your capital is constrained, so that you only have $500,000 available to invest in projects. If you invest in the optimal combination of projects given your capital constraint,

then the total net present value (NPV) for all the projects you invest in will be closest to ________. A) $111,000 B) $69,000 C) $80,000 D) $58,000

The share price falls when a dividend is paid because the reduction in cash decreases the ________

A) liabilities of the firm B) current account of the firm C) market value of assets D) equity of the firm