Answer:
Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 jobs. The NFP conventional contract pays out $85 for every job created in excess of the exercise price. a. What is the value of the option if job growth is 193,500.
The value of the option if job growth is 193,500 is $0.
Explanation:
Since the job growth of 193,500 is less than the exercise price of 210,500 jobs, the value of the option on the contract in the given question is Zero.
Therefore, the value of the option if job growth is 193,500 is $0.
4.65% is the component cost of the debt for use in the wacc calculation
When a company buys something on credit it increases account payable, and when a company sells on credit it will increase their account receivable.
Spoils system and nominating conventions
The spoils systems is when a particular party wins the election, that party gives the civil service government jobs to people of their same party. Nominating conventions are big events for the party where people come together and delegates vote to nominate a particular person to be a candidate.
