1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alex41 [277]
3 years ago
7

An investor purchases a stock for $52 and a put for $0.60 with a strike price of $50. The investor sells a call for $0.60 with a

strike price of $58. What is the maximum profit and loss for this position
Business
1 answer:
Nutka1998 [239]3 years ago
6 0

Answer:

Maximum profit = $6

Maximum loss = -$2

Explanation:

The computation of maximum profit and loss for this position is shown below:-

Maximum profit = Strike price - Purchase of stock

= $58 - $52

= $6

Maximum loss = Strike price - Purchase of stock

= $50 - $52

= - $2

Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.

You might be interested in
On May 1, Year 1, Benz’s Sandwich Shop loaned $18,000 to Mark Henry for one year at 9 percent interest. Required a. What is Benz
ehidna [41]

Answer:

a) $1080

b)$19080

c) Loan given | -$18000

d)$540

e)$19620

f)loan | 18000

Interest received | $1620

g)  $1620

Explanation:

a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080

b) The total receivable at december 31,Year = 18000+1080 = $19080

c)  Year 1  :Statement of cash flow

Loan given | -$18000

d) Interest income Year 2 = $18000*9%*4/12 = $540

e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620

f) Cash flow from investing activities :

           loan | 18000

           Interest received | $1620

g)Total interest earned = 18000*9% = $1620

7 0
3 years ago
As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs
Natalka [10]

Answer:

1. Robust middle class growth

2. Technological advancements

3. a) A beer and wine selection primarily made up of U.S. brands

b) A policy forbidding employees from dating each other

d) A friendliness policy encouraging employees to smile at customers

e) Plastic bags

Explanation:

Middle class growth in different countries in recent times have increased the sake of smartphone and tablets globally

Technological advancements in the second question would be the only cause of better technologies such as the use of video teleconferencing in the example

The people in this country would not like the listed options as shown here

7 0
3 years ago
Example : Yazici Advertising purchased supplies costing 2,500 on October 5. An inventory count at the close of business on Octob
Over [174]

Question Completion:

Journalize the adjusting entries:

Answer:

Yazici Advertising

Adjusting Journal Entries:

Date            Account Titles            Debit      Credit

October 31:

1. Supplies Expense                     $1,500

Supplies                                                        $1,500

To record the supplies expense for the year ended October 31.

2. Insurance Expense                     $50

Prepaid Insurance                                           $50

To record the insurance expense for the month of October.

Explanation:

a) Data and Analysis:

October 31:

1. Supplies Expense $1,500 Supplies $1,500 ($2,500 - $1,000)

2. Insurance Expense $50 Prepaid Insurance $50 ($600 * 1/12)

3. From the scenario, the year-end is October 31.

7 0
3 years ago
If Jenny spends $80 of her own money to make bracelets, and sells between 3-6 of them for $26 each, in either case, is Jenny get
Mars2501 [29]
If she sells 3 she's not getting her money back
3×26=78
But if she sells more than 3 then she's getting her money back and more
7 0
3 years ago
Abb implemented a​ __________ system to help staff more effectively locate information about company projects and initiatives.
nlexa [21]
In order to effectively locate the information about a company, its projects and initiatives, a Quality Management System has to be implemented. It is a system of organizing everything about the company from the history down to the possible courses of R&D.
8 0
3 years ago
Other questions:
  • One test of evidence is "does the evidence come from unbiased sources?"
    6·1 answer
  • Over 1.5 million different species have been discovered on Earth, and scientists discover about 15,000 new species each year. Th
    8·1 answer
  • An automobile final assembly plant has an annual production capacity of 200,000 cars. The plant operates 50 weeks/yr, 2 shifts/d
    11·1 answer
  • If the kitchen in an operation has sewage backup the manager should
    6·1 answer
  • To measure ingredients accurately, it is best to measure items in as many
    10·2 answers
  • PLEASE HELP!!! I NEED HELP WITH THE WHOLE TEST SOMEONE PLS HELP
    8·1 answer
  • jervis sells 3400 of its accounts receivable to northern bank in order to obtain necessary cash northern bank charges a 2% facto
    5·1 answer
  • You buy a seven-year bond that has a 5.25% current yield and a 5.25% coupon (paid annually). In one year, promised yields to mat
    5·1 answer
  • On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,360 in assets in exchange for i
    11·1 answer
  • Builder's risk coverage is typically procured by the owner, with protection extended to the contractor and subcontractors. Quest
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!