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iragen [17]
3 years ago
12

A three-month HP put option with an exercise price of $60 sells for a premium of $8. The put is in the money only if the price o

f HP stock is ______________. greater than $68 per share greater than $60 per share less than $60 per share less than $52 per share
Business
2 answers:
Elena L [17]3 years ago
6 0

Answer:

Is less than $60 per share

Explanation:

Put options are commonly or mostly used in the stock market to protect stocks against a fall in the price of a stock below a set or assigned price. The put option in this case can only be used if the price is lass than $60 per share .

Mkey [24]3 years ago
3 0

Answer:

less than $60 per share

Explanation:

A put option is the money when the exercise price is greater than the asset price, thus the put has to be less than $60

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2 years ago
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a
Nikolay [14]

Complete question:

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?

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150,000 of goodwill should be attributed to the non-controlling interest at the date of acquisition

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A non-controlling interest (NCI) is a role in which a owner holds less than 50% of remaining and has little control over decisions. A minority ownership is often known as the minority interest. Non-controlling interests are calculated by their net worth and are not eligible for future right to vote.

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