Mass communication is the transmission of messages by a person or group to a large audience.
Answer:
To create a bull spread buy the $30 put and sell the $35 put
To create a bear spread you can sell the $30 put and buy the $35 put
Explanation:
a. A bull spread is a strategy that is used by traders in options trading to gain from small rise in prices. It involves buying at a lower strike price and selling at a higher strike price.
The outcome is:
Stock price >= $35 will give a payoff of 0 and a profit of 3
$30≤ Stock price <$35 will give payoff of (stock price - $35) and a profit of (stock price - 32)
Stock price <$30 with payoff of -5 and a profit of -2
b. A bear spread is when a trader buys a contract at a higher strike price and sells at a lower strike price. This is used to maximise profit as price of the stock declines.
The outcome is:
Stock price >= $35 will give a payoff of 0 and a profit of -3
$30≤ Stock price <$35 will give payoff of ($35 -stock price) and a profit of ($32 - stock price)
Stock price <$30 with payoff of 5 and a profit of 2
Jane discusses the topic of madness when she talks about the characters and actions of John Reed. We learn that:
<em>"He ruined his health and his estate amongst the worst men and the worst women. He got into debt and into jail: his mother helped him out twice, but as soon as he was free he returned to his old companions and habits. His head was not strong: the knaves he lived amongst fooled him beyond anything I ever heard."</em>
From Jane's perspective, this is the behaviour of a mad man. She does not understand his inclinations, or the reason why he is so determined to make her life difficult. This allows us to understand Jane's character in a fuller, more developed way. It also allows us to understand John Reed and appreciate his development throughout the story.
Another example of insanity occurs with Jane. We learn about her feelings for Mr. and Mrs. Reed in the following quote:
<em>"I am not deceitful: if I were, I should say I love you; but I declare I do not love you: I dislike you the worst of anybody in the world except John Reed."</em>
These lines are described as examples of insanity in Jane. She believers herself mad for speaking about her true feelings in such an obvious, assertive way. This allows us to understand the feelings of Jane in a deeper way. It also allows us to understand the social expectation that women dealt with during this time period.
