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mart [117]
3 years ago
11

"DEF Corporation, after many profitable years, declares a one-time special cash dividend of $5.00 per share. After the announcem

ent, the stock is trading at $50 per share. Your customer holds 1 DEF Jan 55 Call. As of the ex date, the customer will have:"
Business
1 answer:
Tju [1.3M]3 years ago
8 0

Answer: B. 1 DEF Jan 50 Call

Explanation:

The Options Clearing Corporation (OCC) acting under its mandate of being an issuer and guarantor for options and futures contracts can alter options prices but does not do so for prices based on normal dividends as they are more regular and their effects are already accounted for in the price of the call.

When a company calls a one-time special cash dividend, this is new to the market which would not have incorporated it into the price of the call. The OCC will then adjust the price to account for this.

In this case it will do so by subtracting the dividend from the call;

= 55 - 5

= $50

The customer will then have 1 DEF Jan 50 Call .

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The Industrial Revolution was characterized by a(n) Group of answer choices migration of manufacturing jobs from the Midwest and
Komok [63]

The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.

<h3>What is an Industrial Revolution?</h3>

This was a period that experienced a rapid development of industry because of the introduction of machinery.

The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

B. migration of manufacturing jobs from the Midwest and Northeast to the South as firms began locating in areas where labor costs were lower.

C. rapid improvement in the wages and working conditions of most workers, resulting in a decline in the need for labor unions.

D. movement away from scientific management, and a greater acceptance of the ideas of Herzberg and Maslow."

Read more about Industrial Revolution

<em>brainly.com/question/13323062</em>

6 0
2 years ago
Lunker Lures makes ten different models of fishing lures. All ten models are completely crafted by hand using the same basic mat
maria [59]

The type of overhead costing system that would be the best fit for Lunker is: Traditional costing system using design hours as the basis for allocation.

<h3>What is the Traditional Costing System?</h3>

The traditional costing system is a method applied in accounting that aims at determining the cost of production. One driver is assigned as the basis of allocation.

In the case of Lunker Lures above, the driver that is used as the basis of allocation should be design hours.

Learn more about the Traditional Costing System here:

brainly.com/question/24516871

8 0
2 years ago
If a family spends its entire budget in a given time frame, the family can afford either 80 cans of beans or 35 frozen pizzas. A
Fofino [41]

Answer:

7/16

Explanation:

Opportunity cost is the cost of the alternative forgone. It is also called the real cost. It is a concept in economics developed due to the fact that wants are unlimited but the resources available to meet the wants are limited. Hence a scale of preference would be drawn up for the wants in order of importance.

If the family can afford either 80 cans of beans or 35 frozen pizzas, the cost of a can of beans in terms of frozen pizza is 35/80 frozen pizza while the cost of a unit of frozen pizza in terms of beans is 80/35.

As such, the opportunity cost of one can of beans in terms of frozen pizza is 35/80 which is 7/16 in the lowest term

6 0
3 years ago
6. A zero coupon bond with 2.5 years to maturity has a yield to maturity of 25% per annum. A 3-year maturity annual-pay coupon b
kari74 [83]
Ahaha s we. S s s s s s s s s. S ss
3 0
3 years ago
__________aggregate customers' opinions related to products or services that they have purchased and then suggest them to others
Rudik [331]

Answer:

Recommendation websites

Explanation:

Recommendation websites aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

These websites make use of customer data based on what they have purchased in the past (product or service) to present to them new/similar products.

6 0
3 years ago
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