Answer:
$7.90
Explanation:
Calculation for lower bound on the current value of the European put option
Using this formula
Lower bound current value for European put option = Ke^–rt –So
Where,
Rf represent risk free rate 4%
K represent (Strike price) = $30
(t) represent Time = 1 month = 1/12 year
(So) represent Stock price = $22
Let plug in the formula
Lower bound current value for European put option = [30e^–0.04 x (1/12) ] – 22
Lower bound current value for European put option = $29.90 – $22
Lower bound current value for European put option = $7.90
Therefore the lower bound on the current value of the European put option will be $7.90
Answer:
A.
Explanation:
A trustworthy person is one who can be relied on and be trusted by other people in many things such as keeping secret, helping people, etc. This requires many characteristics such as honesty, positiveness or being considerate, kind and compassionate.
Although honesty is one characteristic needed to be a trustworthy person, this is not enough for being considered trustworthy, so that B is eliminated.
Similarly, a person who has never harmed others is the kind one. This answer is also not enough to describe a trustworthy person.
The last answer has totally different meaning from a trustworthy person. Sharing values just help make people in a relationship understand each other, does not mean reliable.
Answer: Form 8-K
Explanation:
An 8-K is a report the corporate changes that happens at an organization. The information given in form 8-K is important to the shareholders of the organization and also to the Securities and Exchange Commission.
Events such as bankruptcy, acquisitions, resignation of directors can all be seen in the report.
Answer:
C. Depreciation
Explanation:
The Indirect method reconciles the Operating income to the Operating Cash flow by adjusting the following items (i) Non -Cash Items previously added or deducted from Operating Profit and (ii) Changed in Working Capital items. From the given options, only depreciation is added back as it was previously deducted from Operating Income.
Answer:
d. Harmon only needs to show the bank his record of income from
his old job, not his new business.