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MatroZZZ [7]
3 years ago
5

You sold a put contract on EDF stock at an option price of $.50 and an exercise price of $21. Today, EDF stock is selling for $2

0 a share and your option position was closed out. Ignoring transaction costs and taxes, what is your total profit
Business
1 answer:
andreyandreev [35.5K]3 years ago
7 0

Answer:

-$50

Explanation:

Calculation to determine your total profit on this investment

Total profit = 1 × 100 × ($.50 - $21+ $20)

Total profit = 100×(-$0.5)

Total profit = -$50

Therefore your total profit on this investment is -$50

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kipiarov [429]

Answer: b

Explanation: i just did it on my test and got B

4 0
3 years ago
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joye owns a shoe store in a neighborhood with other shoe stores. Demand for the products he sells is probably ​
Serjik [45]

Answer:

Demand for products sold at a store in a neighborhood with other stores is probably elastic

Explanation:

A demand is considered as 'Elastic' if a change in price of the product would strongly affect the quantity of the demand.

Competitors who offer similar products than your organization tend to reduce the amount of demand that come to your store. Existence of competitors give the consumers the options to choose and move around in order to seek the best offers that they can.

As a result, the shoe stores in Joey's neighborhood will have to constantly adjust their price in order to make their products seems appealing compared to the rest of the competitors. This make the demand in Joye's store keep fluctuating depending on the performance of other competitors.

6 0
3 years ago
1.)It takes one of your employees about four and a half hours to design new displays for the front windows and about four hours
Kitty [74]

Answer:

$1,235.48

Explanation:

4.5  + 4 = 8.5hrs

8.5hrs x $8.55 = $72.675 per display changes

52 weeks / 3 = 17.33 times of changes for the whole year (17 rounded)

$72.675 x 17= $1,235.48

4 0
3 years ago
Name any two money associated instruments??​
alekssr [168]

Answer:

discount window and swaps

6 0
3 years ago
Which of the following ethical theories believes in the well-being of maximum people using the fairest means available?
Fynjy0 [20]

Answer:

D. Rule utilitarianism theory

Explanation:

Rule utilitarianism theory refers to a theory in which it talks about the right and the wrong concept i.e. if any situation occured that the appropriate actions could be taken that represents the fair actions that are acceptable by the all

here in the given situation since it is mentioned that it trust the maximum people well being that they do the fair decisions

So this represents the Rule utilitarianism theory

Hence, the correct option is D.

8 0
4 years ago
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