Answer:
To hedge the preferred stock position, the manager should: Buy tyx calls
Explanation:
When market interest rate rise preferred stock drop. To hedge using interest rate index option, <em>the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. </em>These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.
The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.
Answer:
The units were started by Sheridan during the month is 21500 units
Explanation:
The units started in the month can be derived from the below formula:
units started =units completed-beginning work-in process+ending work-in process
units completed and transferred out=25300 units
beginning work-in process is 8800 units
ending work-in process is 5000 units
units started=25300 units-8800 units+5000 units=21500 units
Answer:
A.the marketing environment
Explanation:
The Marketing Environment includes the Internal factors (employees, customers, shareholders, retailers & distributors, etc.) and the External factors( political, legal, social, technological, economic) that surround the business and influence its marketing operations.
Some of these factors are controllable while some are uncontrollable and require business operations to change accordingly. Firms must be well aware of its marketing environment in which it is operating to overcome the negative impact the environment factors are imposing on firm’s marketing activities.
I believe the answer is B. Ownership in a company or other asset. Hope this helps. (★≧▽^))★☆
Answer:
Offering circular
Explanation:
An offering circular is a formal written offer to sell securities that sets forth the fact for a business enterprise that a prospective investor needs to make an informed investment decision. It usually contain financial information, a description of the security being offered, risk factors, uses of offering proceeds, business and organization of the company and other pertinent information.