A purported principal is liable for an unauthorized signature by a purported agent

Indicate whether the statement is true or false

FALSE

Business

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Why would we want to assume a constant growth to dividends if we seldom see a firm with this type of pattern?

A) The answer is that we really want to estimate a series of future dividends and can only do this if we have a growth rate. B) The answer is that we do not need to estimate future capital gains and can only do this if we have a growth rate. C) The answer is that we really want to estimate a series of past dividends and can only do this if we have a growth rate. D) The answer is that we really want to estimate the past capital gains and can only do this if we have a growth rate.

Business

Assume S = $60, K = $65, ? = 0.15, r = 0.05, T - t = 122 days, div = 0.015, and a jump probability = 0.003. What is the value of a call?

A) $0.67 B) $1.67 C) $2.67 D) $3.67

Business