I believe the answer is: one
The name of the government agency is Financial Service authority (FSA).
FSA would act as a <span>a quasi-judicial body that had the power to regulate the whole financial sector in united kingdom. Even though they are a part of government agencies, they do not work directly under any government official.</span>
<span>According to annual gift tax exemption you
are allowed to make gifts of up to $14,000 per year per person which is tax-free.
Now Patel gave his six grand children $30,000 each. So, Patel's gift tax exclusion on each individual is $14,000.<span> The amount above the annual limit
that is $14,000 to each individual has to be reported and counts toward Patel’s
lifetime exclusion.</span></span>
Answer:
Payoff = $8.5
Profit = $4.5
Explanation:
<u>from the question</u>
Stock price = $38.5
strike price = $30
premium per share (price paid for the option) = $4
Call payoff per share on a long position, which is calculated as every $1 above the strike price
= MAX (Stock price - strike price, 0)
= (38.5 - 30)
= $8.5
Call profit on a long position
= Payoff - Initial investment
= (MAX (Stock price - strike price, 0) - premium per share)
= (38.5 - 30) - 4
= 8.5 - 4
= $4.5
Answer:
D) Dependency theory
Dependency theory states that rich countries exploit the people of poor countries, by using them as cheap labor, and thus are extracting a resource from the poor country and benefiting from the cheap labor by selling the goods they make at a very high profit. So in essence they are using resources of the poor country to make profit and get even more richer.
Explanation: