1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
3 years ago
13

A customer sells short 100 shares of ABC stock at $80 per share. The stock falls to $70, at which point the customer writes 1 AB

C Sept 70 Put at $4. The stock falls to $62 and the put is exercised. The customer has a gain per share of:
Business
1 answer:
Amanda [17]3 years ago
7 0

Answer:

14 points

Explanation:

The computation of the gain per share by the customer is shown below:

Gain per share = Sale proceeds of share - buying stock per share - premium received by the customer in case of the put option

= $80 per share - $70 per share - $4 per share

= $80 per share - $66 per share

= 14 points

The buying stock per share - premium received by the customer in case of the put option is also known as net cost to the customer

Therefore we simply applied the above formula

You might be interested in
A home improvement company was negotiating with a home owner to add two rooms onto a home. The company agreed to take a second m
monitta

Answer:

C) Friday, midnight

Explanation:

In this case, the homeowner is considered a borrower, and federal law gives borrowers three full business days after signing mortgage documents to rescind any loan. Since the loan documents were signed a Tuesday, the borrower has until Friday, midnight to cancel any deal (3 days = Wednesday, Thursday and Friday).

3 0
4 years ago
Read 2 more answers
A stronger euro is less favorable for:
Reptile [31]

Group of answer choices.

A. German tourists traveling abroad.

B. American tourists traveling in France.

C. Canadian firms selling in Germany.

D. Canadian investors with money investments in Germany.

Answer:

B. American tourists traveling in France.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.

For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.

However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.

Note: Euro is the official currency (legal tender or money) of Germany.

5 0
3 years ago
What are B2C and B2B sales?
IceJOKER [234]
B2C stands for business to consumer. This would be the sales you’d make to a consumer. B2B stands for business to business. This is the sales you’d make with another business.
8 0
3 years ago
Brain Wing Inc. has won the bid to build airplanes for a host country government. However, the execution of the contract has bee
Anika [276]

Answer:

D. speed money.

Explanation:

Speed money or grease money are monies payed to fasten a routine process. For example to gain approval for a project, to clear a shipment.

Speed money differs from bribery because the end result is something that will be done with or without the speed money, so it is given to speed the process along.

Sometimes speed money is obligatory. To show it was payed legally documentation should be done.

7 0
3 years ago
Read 2 more answers
Vaughn Inc. acquired all of the outstanding common stock of Roberts Co. on January 1, 2020, for $276,000. Annual amortization of
frosja888 [35]

Answer:

ΗΘΕ

Explanation:

5 0
3 years ago
Other questions:
  • January budgeted selling and administrative expenses for the retail shoe store that Craig Shea plans to open on January 1, year
    13·1 answer
  • Recording the Sale of Common and Preferred Stock Donahue Corporation is authorized by its charter from the State of Illinois to
    14·1 answer
  • 12. the market for rice in an east asian country has demand and supply given by Qd = 28 -4P and Qs = -12 + 6P, where quantities
    9·2 answers
  • Which of the following statements is true of the economic choices that consumers make
    13·1 answer
  • _____ refer(s) to the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it
    9·1 answer
  • A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​
    5·1 answer
  • Interim financial statements: are always prepared before any adjustments have been recorded. show the assets above the liabiliti
    12·1 answer
  • The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price. True or false
    8·1 answer
  • For which of the following types of economies would the factors of production depend on the relative distribution of market forc
    8·1 answer
  • Olivia is a partner in Pacific Trade. In the majority of states, with respect to any partnership obligations that Olivia does no
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!