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3 years ago

Which of the following statements is false?

1 answer:

7 0

D - there are many well paying positions that don't require a degree, the most obvious being running your own business. Such as Bill Gates and the guy who started facebook - neither graduated college.

Disclaimer: stay in school

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Through its ________ program, the SBA oversees about 11,500 volunteers with international trade experience to provide one-on-one

Artyom0805 [142]

Answer:

Service Corps of Retired Executives.

Explanation:

Service Corps of Retired Executives (SCORE) is a no profit organisation that provides counseling services to aspiring enterpreneurs and business owners. There are 389 chapters in the United States, and they provide counseling services without charging the client.

About 11,500 volunteers with international experience provide one on one counseling services.

Only a phone call is required to schedule a counseling session as there is no registration requirements.

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3 years ago

Mrs. Beach bought shells at a gift shop. The red shells (r) were $0. 75 each, and the white shells (w) were $0. 49 each. The tot

inessss [21]

The next guesses of the clerk should be less of red shells and more of white shells.

<h3><u>Decision about less of white and more red shells</u>:</h3>

Given that,

Red shell [r] costs = $0.75 each.

White shell [w] costs = $0.49 each.

Total of 8 shells = $4.70

The clerk guesses that the $4.96 for 4 red shells and 4 white shells is greater than the actual purchase.

Therefore,

The clerk should make use of less red shells, and more of white shells, because the unit costs of red shell is more than the white shell.

Learn more about equations, refer:

brainly.com/question/2574274

4 0

2 years ago

A bank has written a call option on one stock and a put option on another stock. For the first option the stock price is 50, the

iris [78.8K]

Answer:

10-Day 99% VaR = 3.61

Explanation:

Data Given:

For First Option:

Stock Price = 50

Strike Price = 51

Volatility = 28% per annum

Time to maturity = 9 months

For Second Option:

Stock Price = 20

Strike Price = 19

Volatility = 25% per annum

Time to maturity = 12 months or 1 year

Risk Free Rate = 6% per annum

Correlation = 0.4

Find 10-day 99% VaR.

Solution:

First of all we need to refer the DerivaGem Model to dig out the change in price equation for both the options.

So, according to DerivaGem Model, We have following data:

For First Option:

Value = -5.413

Delta Value = -0.589

For Second Option:

Value = -1.014

Delta = -0.284

Change in Price = (Delta value of First Option x Stock Price)Y1 + (Delta value of the second option x Stock Price)Y2

Change in Price = (-0.589 x 50)Y1 + (-0.284 x 20)Y2

So, We will get the Change in Price Linear Equation for both the options.

Change in Price = -29.45Y1 -5.68Y2

Now, we have to calculate the Daily Volatility Percentage.

Formula:

Daily Volatility Percentage = Volatility/ Square root of number of days active in annum

Number of Days Active = 252

Volatility for First Option = 28%

Volatility for Second Option = 25%

Daily Volatility Percentage for First Option = 28%/ $\sqrt{252}$

Daily Volatility Percentage for First Option = 0.0176

Similarly,

Daily Volatility Percentage for Second Option = 25%/ $\sqrt{252}$

Daily Volatility Percentage for Second Option = 0.0157

Now, utilizing the above calculated data, we can find the one-day variance of change in price.

1-Day Variance = $(29.45^{2} *0.0176^{2}) + (5.68^{2} * 0.0157^{2}) - (2 * 29.45 * 0.0176 * 5.68 * 0.0157 * 0.4)$

Solving the above equation:

We get:

1-Day Variance = 0.2396

Now, we have to find the standard deviation of 1-Day Variance:

SD of 1-Day Variance = $\sqrt{0.2396}$

SD of 1-Day Variance = 0.4895

So,

Now, in order to find the value of one day 99% VaR from the table, we have all the prerequisites.

So,

Value of One day 99% VaR from table = 2.33

But we need 10-Day 99% VaR.

So, number of days = 10

Hence,

10-Day 99% VaR = $0.4895 * 2.33 * \sqrt{10}$

10-Day 99% VaR = 3.61

8 0

2 years ago

As a salesperson asks questions about a prospect's transportation system, the prospect says, "What I really want is reliable tra

yarga [219]

Answer: Option (A)

Explanation:

Adaptive selling is referred to as the change in the sales attitude that is based on the circumstances. A well defined appropriate sales strategy is thereby required so as to successfully sell commodities to their respective consumers. This involves being pliable so as to know when to propose solutions and thus when to further ask for data and information.

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3 years ago

Which theorist argues that members of a class are grouped by their value in the commercial marketplace?

Trava [24]

The theorist that is referred above is MAX WEBER. He is the theorist who asserts that class members should be grouped according to their value in the marketplace. Max Weber is a well-known German sociologist, and a prominent figure in sociology.

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3 years ago