Answer:
science, technology, engineering, mathematics
Answer:
Explanation:
Consider a portfolio consisting of: shares1option−+(Note: The delta, , of a put option is negative. We have constructed the portfolio so that it is +1 option and −shares rather than 1−option and +shares so that the initial investment is positive.) The value of the portfolio is either 355−+or 45−. If: 35545−+= −i.e., 0 5 = − the value of the portfolio is certain to be 22.5. For this value of the portfolio is therefore riskless. The current value of the portfolio is 40f− +where fis the value of the option. Since the portfolio must earn the risk-free rate of interest (400 5) 1 0222 5f + =Hence 2 06f=i.e., the value of the option is $2.06. This can also be calculated using risk-neutral valuation. Suppose that pis the probability of an upward stock price movement in a risk-neutral world. We must have 4535(1)40 1 02pp+−= i.e., 105 8p=or: 0 58p=The expected value of the option in a risk-neutral world is: 00 5850 422 10 + =This has a present value of 2 102 061 02=This is consistent with the no-arbitrage answer.
Answer:
The Seller would be primarily liable
Explanation:
Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.
Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan
Answer:
The correct answer is <em>d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.</em>
Explanation:
A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.
The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.
The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.
Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.
Explanation:
In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.
In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.
