<span>I don't think there was any official contract set in place. It says they wrote a letter and said they'd sell it before June 1st. However, this wasn't a contract. It was only a letter of information. No one had a contract so no contract could have been breached.</span>
Answer:
if the stock price is between $44.25 and $55.75
Explanation:
Given that, the investor net gain on premium from option is $1.25 + $4.5 = $5.75.
Thus, the investor has to buy at $50 and obligation to sell at $50 in August.
Hence, investor paid-off is shown as x, of Hug-Packing in August as below:
Spot price <$50: 5.75 - (50 - x) = x - 44.25
Spot price = $50: $5.75
Spot price > $50 : 5.75 - ( x -50) = 55.75 - x
Thus, the strategy will pay off only when:
(x - 44.25) > 0 and (55.75 - x) <0 or x is between $44.25 and $55.75.
Answer:
c. Its low barriers to entry expose Northern to increased risk of competition, which could negatively affect the predictability of its expected future sales revenues.
Answer:
brainstorming as a part of it’s decision making process
To save & to manage .budgeting is the key