Answer:
Short 1.5 shares 
Explanation:
Given data :
Risk free rate = 3% 
current price ( market price ) = $25 
Delta of  1-year at money European call on MCD = 0.5 
<u>Determine how many shares of MCD John should either Long or short to achieve a delta-neutral </u>
use the relation below 
4 * 0.5  + 1 ( 0.5 - 1 )  + x = 0 
x ( number of shares ) =  - [ 4 * 0.5  + 1 ( 0.5 - 1 ) ] 
                                      = - 1.5 shares 
negative ( - ) means MCD should short 1.5 shares 
 
        
             
        
        
        
It is True that if a beneficiary is enrolled in a Medicare Advantage plan and they also sign up for a pdp plan, they will be automatically dropped from their Medicare Advantage (ma) plan. 
<h3>Medicare Advantage (MA)</h3>
A Medicare Advantage plan is a type of health plan proposed by a private company that leases with Medicare to provide you with all your Medicare Parts A and B benefits. MA plans contain health maintenance organizations, selected provider organizations, personal fee-for-service plans, and Special Needs Plans.
<h3>Medicare Advantage Plans</h3>
- Health Maintenance Organization (HMO) Plans.
- Preferred Provider Organization (PPO) Plans.
- Private Fee-for-Service (PFFS) Plans.
- Special Needs Plans (SNPs)
Original Medicare contains Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). You can bind a separate Medicare medicine plan to get Medicare medication coverage (Part D). 
To learn more about the Medicare Advantage visit the link 
brainly.com/question/21464144
#SPJ4
 
        
             
        
        
        
Disruptive innovation are changes in products, services or processes that radically change an industry's rules of the game.  By doing this, they are able to create a new market or change the value to an existing market. The disrupt the existing market and value by improving products or services. 
        
             
        
        
        
Answer:
A) $0
Explanation:
Seco City will record $0 as special revenue funds during year 1 with respect to the foregoing resources.
The $6,000,000 for acquisition of major capital facilities would be recorded as capital projects fund.
$2,000,000 to create a non-expendable trust would be recorded as private purpose trust fund.