The client includes in the determination of net income certain material items properly classifiable as other comprehensive income (OCI). In this situation, the auditor must express a(n)

The appeal that often wins awards and tends to be favorites among judges is:

A) fear B) humor C) sex D) emotions

Kelly owns 50,000 shares of Microsoft at $63.60 per share. She buys 20,000 $60 strike calls. Assume = 0.12, ? = 0.23, rf = 0.05, and the options expire in 170 days

What is the value at risk for 2 weeks, using the delta approximation at a 99% confidence level? A) $311,463 B) $411,463 C) $511,463 D) $611,463