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juin [17]
3 years ago
8

The price of Cilantro, Inc., stock will be either $70 or $92 at the end of the year. Call options are available with one year to

expiration. T-bills currently yield 5 percent. Suppose the current price of the company's stock is $81. What is the value of the call option if the exercise price is $66 per share?
Business
1 answer:
hjlf3 years ago
6 0

Answer:

$18.14

Explanation:

Value of the call = Stock price - Present value of the strike (exercise price)

Stock price = $81

Present value of the strike=66

T-bills yield 5 percent.

$81 – $66/1.05

=$81-62.8571

= $18.14

Therefore tthe value of the call option if the exercise price is $66 per share will be $18.14

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Colt1911 [192]

Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

Explanation:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy

4 0
3 years ago
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sladkih [1.3K]
<span>The answer is C. research and content manager
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3 0
3 years ago
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Tamara is a Managerial Accountant at Everything New. Everything New manufactures furniture. Tamara purchased leather to be used
Murrr4er [49]

Answer:

B. Raw Materials

Explanation:

Raw materials are the basic components of manufacturing and production process in a goods manufacturing entity.  Raw Materials  are used in the production of a finished products (such as Crude Oil is a raw material for Petrol, Milk is a raw material for Yogurt, Yarn is a raw material for Garment whereas  Petrol, Yogurt and Garment are the finished products).

Keeping in view the above discussion, the leather purchased by the Tamara, to be used on some of the furniture to be manufactured by the Everything New, shall be classified as Raw Materials.

Answer is B. Raw Materials

4 0
2 years ago
Lewelling Company issued 101,000 shares of its $1 par common stock to the Michael Morgan law firm as compensation for 4,100 hour
GenaCL600 [577]

Answer:

Paid in capital excess of par is $$309,000

Explanation:

<u>Journal Entries</u>

Debt: Legal services (4,100 hours × $100 per hour)  = $410,000

Credit: Common stock (101,000 shares × $1 par)  = $101,000

Credit: Paid-in capital - excess of par (Remainder)  = $309,000

To record the 101,000 shares compensated by 4,100 legal hours with $1 par value)

In the above transaction common stock issued in excess of par for legal services as compensation instead cash. Hence "legal services" have been debited as issuing company benefited for legal services. "Common stock" and "paid in capital in excess of par" has been credited as this issuing company issuing common stock.

Paid in capital excess of par is $$309,000

3 0
3 years ago
Your current assignment at York Foods is to find the major benefits people look for in the packaged goods market, the kinds of p
Varvara68 [4.7K]

Answer:

People

Explanation:

People is the component of the marketing mix that deals with what the customer wants and how to effectively tailor products to meet those needs

It gives rise to segmentation of customers based on their preferences. Customers within a given segment are effectively catered for by because the company has an understanding of how to satisfy them.

In this scenario we want to find the major benefits people look for in the packaged goods market, the kinds of people who look for each benefit, and the major brands that deliver each benefit.

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3 years ago
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