Okay! I drew the graph and I got Point Q is 0.1 unit to the right of 1.
Knowing the order of the numbers is the best way to get the answer.
Answer: 7 grams is equal to 7×10^-3kg
Step-by-step explanation: One thousand grams is equal to one kilogram. To get the answer we have to divide 7 by 1000 to get the answer in kg.
Assuming you means 6.5% tax of a $42 purchase
0.065*42=2.73
tax is $2.73
The maximum possible profit = $7068
For given question,
One Microsoft July $72 put contract for a premium of $1.32
The payoff arise from put option is max (K - S, 0) - P
Now it would be maximum at S = 0
And, the maximum payoff is
K - 0 - P
= K - P
= 72 - 1.32
= $70.68
We assume that for each and every contract the number of shares is 100
So, the maximum profit gained from this strategy is
= $70.68 × 100 shares
= $7068
The maximum profit that will be gained from this strategy is $7068
Therefore, the maximum possible profit = $7068
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<span>No.
To check this yourself, you need the denominators to be the same to be able to easily compare the two.
For example, does 5/8 = 40/64?
1. Determine what you would need to do to the denominator in 5/8 to make it 64. (Multiply it by 8)
2. Find what fraction is equal to 1 with a denominator of 8. (8/8)
3. Multiply the fraction 5/8 by the one you just found (8/8), numerator times numerator, denominator times denominator.
4. Compare the answer with the second fraction.
It is important that when you multiply the denominator by any number you multiply the numerator by the same number. This is to preserve the fraction's value. This works because any number divided by itself is equal to 1, AND when you multiply any number by 1 (whether 1 is in the form of 1 or 4/4 or 8/8 or 234/234), the answer is always equal to the original number.
Another way to check would be to simply enter 1/2 into a calculator, write down the answer. Next enter 5/8 into a calculator. If the answers are the same, they are equal.</span><span>
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