Answer:
The answer is "1.38357"
Explanation:
Given values:
The current market value of the assets (s)= $ 47
standard deviation(
) = 21%
risk-free rate (r)=3.6%
Exercise price (X) = 35
Maturity time (T)= 2 year
Formula:

by solving the given values, we get the d1 value that is "1.38357"
<u>Answer:</u> $735
<u>Explanation:</u>
Calculation of regular earnings
Earnings at regular rate= Wage rate per hour x hours of work
= (15 x 40)
=$600
Calculation of additional hours income
Earnings at overtime rate=( 6(15 x 1.5))
=$135
Total gross pay = 600+135
=$735
The gross pay for martin is $735. The other deductions are made in the gross pay to arrive at the net pay. Deductions such as federal income tax, security tax rate and medicare tax rate is deducted from gross pay to find net pay.
Answer:
correct answer is Option D
Explanation:
Option D - elastic, and the demand curve will be horizontal.
The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer