Answer: the bank promises to pay on the importer’s behalf
Explanation:
Answer: Net loss = $2
Explanation:
Given that,
Purchase one IBM July 120 put contract for a premium of $5
IBM stock is at $123 per share on the market
In buying these kind of call option, a person can makes the profit if the future price of the share is greater than the strike price.
Here,
Profit = $123 - $120 = $3
But, we have to deduct the premium paid that is $5
Therefore,
Net loss = Profit - premium paid
= 3 - 5
=$2 ⇒ This much loss realize on a the investment.
Answer:
c
Explanation:
the health care because it is very expensive benefit
Answer:
$850,000
Explanation:
Total Hours of Department 1=$80,000+$90,000
=$170,000/$200,000*1000,0000