Assume S = $63, K = 60, div = 0, r = 0.04, ? = 0.35, and 90 days until expiration. What is the premium on a knock-in call option with an up-and-in barrier of $65?

Permanent sources of financing include all but

A) preferred stock. B) commercial paper. C) common stock. D) corporate bonds.

Cord cutters and cord shavers are shrinking the number of pay TV households yearly by approximately:

A) 1%. B) 5%. C) 10%. D) 15%.