The part of a market controlled by a certain company or product
Answer: $62
Explanation:
The customer sold the stock short at $74 per share. Later on, the customer sold a Sept 65, Put at $3 on this stock. If the short put is exercised, the customer is obligated to buy the stock at $65 per share. Since the customer received $3 in premiums when the put was sold, the net cost to the customer is $62 per share for the stock (this is the cost basis in the stock for tax purposes). The stock that has been purchased is delivered to cover the short sale, closing the transaction. The customer's gain is: $74 sale proceeds - $62 cost basis = 12 point gain.
With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.
<h3>Compound interest</h3>
Given Data
Assuming a compounded interest approach
A = P + I where
P (principal) = $5,000.00
I (interest) = $7,590.85
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 8/100
r = 0.08 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.08/1)(1)(12)
A = 5,000.00(1 + 0.08)(12)
A = $12,590.85
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Answer: Explanation:
Motion to dismiss is to want to dismiss the whole case or charges all together. This is done when there is not enough evidence or the alleged facts do not amount to crime.
Motion to strike is to dismiss a certain something from the case.
Motion to make more definite and certain is to clarify the basis of the plaintiff's cause.
Motion to Suppress – an attempt to keep certain statements or evidence from being introduced as evidence. For example, if police conducted a search without probable cause (in violation of the Fourth Amendment), it may be possible to suppress the evidence found as a result of that search.
Motion for Change of Venue – may be made for various reasons including pre-trial publicity. If the local news has covered the case a great deal, it may be necessary to move the trial to another venue to protect the defendant’s right to an impartial jury.
