Answer:
48
Explanation:
N(d2): probability of call option being exercised
So current stock price = 100
K strike price = 100
r risk free rate = 0% = 0.05
s: standard deviation = 20%
t: time to maturity = 3month = 0.25 year
di – In(So/K) + (r +0.5 * 5%) ** S*t0.5
d1 = 0.05
d2 = dl - 5*10.5
d2 = -0.05
N(d2) = normsdist(d2) = 0.48
Pay-off per option = 1
No. of options sold = 100
Expected pay-off = -0.48*1*100 = -48
Therefore go long on 48 shares so that if stock price becomes 101, pay-off from stocks = 48*(101-100) = 48
Answer:
False
Explanation:
The government sector derives its main incomes from taxes.
Answer:
b. Intel has a big plant in Kiryat Gat (Israel) making i7 chips, which supplies the whole world, reducing the per-unit cost of each chip
Explanation:
Economies of scale is cost reduction as a result of the large scale do production. As production increases, cost falls.
Because of the large scale of production of itel, cost of shopping is falling. This is an example of economies of scale.
I hope my answer helps you
Answer:
d. 48,000
Explanation:
Beginning work in process, (60% completed) 5,000
- direct materials 100%
- conversion costs 60%
Units started in April 48,000
Ending work in process, (30% completed) 4,000
- direct materials 100%
- conversion costs 30%
under FIFO method, net actual production of units respect to direct materials = units started in April 48,000
The units in beginning inventory were already 100% complete regarding direct materials because they are added at the beginning of the production process. The same for the units in ending inventory.
The various functions of MNC are:
Promotion of foreign investment.
Technology transfer.
Promotion of exports.
Investment in infrastructure.