Answer: 0.755
Explanation:
From the information given, the current per share value of the option if it expires in one year will be calculated as follows:
Firstly, we calculate the present value which will be:
= $28 / ( 1 + 0.05 )
= $28/1.05
= $26.667
The number of options needed will be:
= ( 34 - 28 )/ ( 4-0)
= 6/4
= 1.5
Therefore,
27.80 = (1.5 x Co) + [28 / (1+0.05)]
27.80 = 1.5Co + (28/1.05)
27.80 = 1.5Co + 26.667
1.5Co = 28.0 - 26.667
1.5Co = 1.1333
Co = 0.755
Therefore, the answer is 0.755
The correct answer is - allows managers to use the normal distribution as the basis for building some control charts.
<u>Explanation:</u>
It is the theorem that allows inference from a random sample. It says that:
• The sample mean will likely be towards the population mean within a margin of error
• The margin of error is a multiple of the standard error, which is the standard deviation divided by the square root of the sample size. The multiple is determined by the degree of statistical confidence you’re looking for, and the normal deviate corresponding to that — 1.65 for 90% confidence, 1.96 for 95% confidence, etc.
The formula used to determine free cash flow is cash from operations minus capital expenditures.
Answer:
Publicizing Voting Records and Publishing Research.
Explanation:
As they seek to influence the public opinion and not the government in this question, lobbying would be out as it is a tactic to influence congress members directly and not the public. Publishing voting records could be a valid tactic if said vote records were in favor of the group interest. Funding and publishing research is a valid tactic as well because it serves as a platform to get facts and data to the public, influencing its decision (in the scenario a research findings benefits the interest groups vision, obviously).