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3 years ago

Look at the map showing the European Union (EU) and its free-trade agreement (FTA) countries.

Business

2 answers:

shepuryov [24]3 years ago

8 0

The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>

irina1246 [14]3 years ago

7 0

Answer:

B)The European Union's free-trade agreements include agreements with both developed and developing nations.

Explanation:

The European Union is a block of cooperation, where member countries can benefit economically, politically and as a consequence, socially. Nations that are part of the EU can trade freely, without customs barriers. The agreement brings together 28 sovereign countries as shown in the map. The group consists of developed countries such as Germany, Spain, France, the Netherlands and developing countries such as Poland, Slovenia, Bungaria, among others. The purpose of this agreement is to integrate the economies of these countries to make them stronger and more efficient together.

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Which one of the following statements about book value per share is most correct? Market price per common share usually approxim

Rom4ik [11]

Answer:

Book value per common share is the amount that would be paid to stockholders if the company was sold to another company.

Explanation:

Book value per common share is a process by which the per-share value of the company is calculated. The calculation is done based on the common equity of the shareholders of the company. In case when the company dissolves, the book value per common share helps in the calculation of the value of the assets left for the shareholders after the payment of the debtors and after the liquidation of the assets.

4 0

3 years ago

Which word doesn't belong: departments, organizations, work group, team, or task force?

kramer

Departments because all of the other relate to work and this word is not related to work.

3 0

3 years ago

A bank has written a call option on one stock and a put option on another stock. For the first option the stock price is 50, the

iris [78.8K]

Answer:

10-Day 99% VaR = 3.61

Explanation:

Data Given:

For First Option:

Stock Price = 50

Strike Price = 51

Volatility = 28% per annum

Time to maturity = 9 months

For Second Option:

Stock Price = 20

Strike Price = 19

Volatility = 25% per annum

Time to maturity = 12 months or 1 year

Risk Free Rate = 6% per annum

Correlation = 0.4

Find 10-day 99% VaR.

Solution:

First of all we need to refer the DerivaGem Model to dig out the change in price equation for both the options.

So, according to DerivaGem Model, We have following data:

For First Option:

Value = -5.413

Delta Value = -0.589

For Second Option:

Value = -1.014

Delta = -0.284

Change in Price = (Delta value of First Option x Stock Price)Y1 + (Delta value of the second option x Stock Price)Y2

Change in Price = (-0.589 x 50)Y1 + (-0.284 x 20)Y2

So, We will get the Change in Price Linear Equation for both the options.

Change in Price = -29.45Y1 -5.68Y2

Now, we have to calculate the Daily Volatility Percentage.

Formula:

Daily Volatility Percentage = Volatility/ Square root of number of days active in annum

Number of Days Active = 252

Volatility for First Option = 28%

Volatility for Second Option = 25%

Daily Volatility Percentage for First Option = 28%/ $\sqrt{252}$

Daily Volatility Percentage for First Option = 0.0176

Similarly,

Daily Volatility Percentage for Second Option = 25%/ $\sqrt{252}$

Daily Volatility Percentage for Second Option = 0.0157

Now, utilizing the above calculated data, we can find the one-day variance of change in price.

1-Day Variance = $(29.45^{2} *0.0176^{2}) + (5.68^{2} * 0.0157^{2}) - (2 * 29.45 * 0.0176 * 5.68 * 0.0157 * 0.4)$

Solving the above equation:

We get:

1-Day Variance = 0.2396

Now, we have to find the standard deviation of 1-Day Variance:

SD of 1-Day Variance = $\sqrt{0.2396}$

SD of 1-Day Variance = 0.4895

So,

Now, in order to find the value of one day 99% VaR from the table, we have all the prerequisites.

So,

Value of One day 99% VaR from table = 2.33

But we need 10-Day 99% VaR.

So, number of days = 10

Hence,

10-Day 99% VaR = $0.4895 * 2.33 * \sqrt{10}$

10-Day 99% VaR = 3.61

8 0

3 years ago

What is markerting management

Mnenie [13.5K]

The application, tracking and review of a company's marketing<span> resources and activities. ... Effective </span>marketing management<span> will use a company's resources to increase its customer base, improve customer opinions of the company's products and services, and increase the company's perceived value.</span>

4 0

3 years ago

Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a

AnnyKZ [126]

<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>

Explanation:

Let us understand what a social audit is.

It is an official evaluation about the involvement in social responsibility projects by the organization.
It creates an impact on the governance.
This prevents public relations crises associated with ethical or legal misconduct.
Narrow gaps between vision and reality.
It enters into action when there is no equal employment opportunity, when the environmental quality gets affected, etc.

The social activities that it includes are:

volunteer events
work environment
employees wages
utilization of energy
charitable contributions

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3 years ago