As in the case of pensions, vacations, and holidays, there is a trend toward liberalization of health benefits. The latest trends in recent years include

a. extension of benefits to retired workers.
b. added protection for catastrophic illness.
c. increased amounts and duration of the benefits.
d. All of the above.

D

Business

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Since a company's plant assets determine its productive capacity, the capX budget is usually affected by _____________ plans for the business.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following describes a protective put?

A. A long put option on a stock plus a long position in the stock B. A long put option on a stock plus a short position in the stock C. A short put option on a stock plus a short call option on the stock D. A short put option on a stock plus a long position in the stock

Business