What is the boundary condition for a European put option?
A) Max [0,S(T)-K]
B) Max [0,K-S(T)]
C) Min [0,S(T)-K]
D) Min [0,K-S(T)]
B
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WL Corporation is located in a jurisdiction that has a 40% corporate tax rate on pretax income and a 30% personal tax rate on dividends. WL distributes all its after-tax income to shareholders. What is the effective tax rate on WL pretax income distributed in dividends?
A. 42%. B. 58%. C. 70%.
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Money-back guarantees and honest sales and advertising presentations aid in _____
a. minimizing cognitive dissonance b. AIO measurement c. the problem awareness stage of consumer behavior d. studying psychographics
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