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Gre4nikov [31]
3 years ago
15

A one-month European call option on Bitcoin is with the strike price of $8,505, $8,705, and $8,905 are trading at $600, $500, an

d $415, respectively. An investor implements a butterfly spread (i.e., she buys one call with the strike price of $8,505, sells two calls with the strike price of $8,705, and buys one call with the strike price of $8,905. If at the maturity, the Bitcoin price is $8,605, what is the investor's profit

Business
1 answer:
Shkiper50 [21]3 years ago
8 0

Answer:

The investor profit will be $85

Explanation:

Kindly check attached picture for detailed calculation

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A power of attorney (POA) is a legal document in which the principal (you) designates another person (called the agent or attorney-in-fact) to act on your behalf to make decisions in specified matters or in all matters. It can also refer to the individual designated to act in this way.



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2 years ago
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Following is the stockholder's equity section of Magnificent Molding, Inc. at December 31, 2016: Stockholders' Equity December 3
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The treasury stock of Magnificent Molding was purchased by the stockholders at an average cost of $0.65 per share.

<h3>What is the average cost?</h3>

The cost which is derived from the division of the total costs by the number of units of such stocks is known as the average cost of the stocks. Using the given information, further computation can be made as below,

Par Value of stocks = $60,000; Further Paid-Up Capital = $135,000. Therefore, the total value will be $(60,000+135,000)=$195,000. The total number of shares will be 300,000.

Solving further,

\rm Average\ Cost= \dfrac{Total\ Cost}{No\ of\ Shares}\\\\\rm Average\ Cost= \dfrac{195000}{300000}\\\\\rm Average\ Cost=\$0.65

Hence, the average cost of treasury stock purchased by the shareholders of Magnificent Moldings Inc. is calculated above as $0.65 per share.

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1 year ago
Tricia’s Decor purchased merchandise from House Beautiful and issued a promissory note. Tricia should record the transaction by
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Answer:

D) Shift of the demand curve for Z to the left

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A rightward shift of the demand curve should increase both the equilibrium price and quantity.

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A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.

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