Answer:
0.33
Explanation:
Delta = (Cu – Cd)/(Su – Sd)Cu
= 62.50 – 55 = 7.50
Cd = 0
Delta = (7.50 – 0)/(62.50 – 40)
= 0.33
Answer:
c. News has no effect on stock prices.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.
The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.
According to the efficient market hypothesis, News has an effect on
the prices at which a stock is sold because it affects demand and supply.
Answer:
culture
Explanation:
Insight Guides refers to a travel company based in London, England, having operational offices in Singapore and Warsaw, established by Hans Johannes Hofer. They offer customized vacation packages to thousands of locations all over the world and also a range of full-color guide books. They even manufacture tourists ' charts, globes, and traveling accessories.
Insight Guides announced a new website in September 2015, focusing on the sale of customized package deals crafted by real experts. They often publish stuff and updates relevant to travel on their forum.
Answer:
it enables people to use money wisely
Explanation:
this is because a specific amount of money will be provided for a specific reason