Answer:
2 cents
Explanation:
The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents
The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175
The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)
Minimum price = Maximum (2 , 1.47, 0) = 2 cents
Answer:
The answer is E) $1050000
Explanation:
We have opening stock of 4000 units. We know that we require to have 6000 units stock on hand at the end of the month. Budgeted sales are 12000 units.
If we come up with a formula Purchases + opening inventory - sales = 6000 units we can determine the amount we need to purchase to satisfy the requirement of having 6000 units on hand.
Purchases = 6000 + 12000 - 4000
=14000
14000 x 75 = $1050000
Therefore the answer is E. $1050 000
"All employees must be at their work stations and ready to work by the time the buzzer sounds." This is an example of rule. Rules are needed in order to m<span>anage employees in the workplace effectively.
</span><span>If correctly implemented and executed from both sites (the business and the employees), the work rules create good business environement and protect both sites. </span>
The idea of international trade is one of the factors that binds the world together. Trade between nations fosters peace and brings about, wealth creation, Cultural diffusion and inclusiveness.
<h3>What is International trade?</h3>
International trade refers to the exchange of goods, services and other commodities between countries of the world.
International trade is possible because, goods and services produced in one country is needed by citizens of other countries.
The idea of international trade is beneficial to both countries involved in such trade. It creates a long supply chain starting from manufacturers, logistics, middle men, and local traders.
This supply chain created benefits both the sellers and the buyers and this creates employment opportunities in both countries.
It is important to note that not everyone within a country may benefit directly from international trade, however, it can be said that everyone will benefit indirectly because the proceeds from such trade affects the GDP of both countries and this brings about prosperity especially when trade is not one sided.
Learn more about International trade at brainly.com/question/15115779
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Answer:
C. Reynaldo look at his notes the whole time and didn't make any contact with the customer.
Explanation:
avoiding eye contact with a customer is an example of nonverbal communication it's also very negative