8.3.)An investor sells a European call option with strike price of K and maturity T and buys a put with the same strike price and maturity. Describe the investor’s position. The payoff to the investor is - max (ST - K ‚ 0) + max(K - ST‚ 0) This is K- ST in all circumstances. The investor’s position is the same as a short position in a forward contract with delivery price K. 8 .4.)Explain why brokers require margins when clients write options but not when they buy options? When an investor
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Q1. ’Rabbit Proof Fence’ highlights how experiences change our point of view. Discuss. Can you imagine being an Aborigine? Living in the outback? Hunting for food? What would your point of view be if you were brought up that way? Or maybe you were a white person. What would your point of view be then? What would you think of the Aborigines and their way of living and the way they were brought up compared to you? All the different experiences people have such as how we are brought up‚ our beliefs
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Throughout Rabbit-Proof Fence‚ Noyce encourages the viewer to understand and imaginatively experience the story through the feelings of the children. The narrative structure‚ visual symbolism‚ camera angles‚ music‚ characterisation and use and absence of language are techniques that Noyce uses to position the reader to sympathise with the three protagonists. In the scene in which the children arrive at the Moore River Settlement‚ Noyce shows what happens in a way in which the viewer empathises
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Discuss the extent to which economic growth may benefit the economy. (18) Economics growth is‚ it the short run an increase in real GDP and in the long run an increase in the productive capacity of an economy (the maximum output that the economy can produce). GDP stands for Gross Domestic Product which is the country’s production of goods and services valued at market price in a given time period. Real GDP is when these figures are corrected for inflation using a base year (The UK uses 2003 as
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Document templates Submission details Candidate’s name Phone No. Assessor’s name Phone No. Assessment site Assessment date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective Candidates must demonstrate the ability to identify documents used by an organisation and develop templates
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‘An Inspector Calls’ is a play set in1912. However it was written by J.B Priestley in 1945 and set in Brumley. As he lived through both wars he could see what had actually happened in the time the play was set. J.B Priestley uses the characters to express his views on the issue of social responsibility‚ morality and about class divisions with many themes including greed‚ regret‚ guilt and blame. ’’An Inspector Calls’’ is about the Birling family who are quite wealthy. They are celebrating their
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of war and conflicts. 1. P2 Describe the impact of conflict on UK public services. M1 Analyse the impact of war and conflict on one UK public service. Assessment Criteria - Achieved To Date Outcome P1 P2 M1 R 1 This assignment is submitted as partial fulfilment of this unit. Please read the statement carefully and sign below: I confirm that the work that I have submitted has been produced through my own effort‚ and any work taken from other sources has been referenced correctly. I have
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Examine the ways in which the design argument provides evidence for the existence of God The design argument is an explanation used by theists to prove the existence of God. It is also called the teleological argument. The word teleological comes from the Greek word teleos which means ‘end’ or ‘purpose’. The argument uses observation of the natural world to provide evidence of design and uses this evidence to back up the existence of God as what has been designed needs a designer. As the argument
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Name: Instructor: Course: Date: A Problem of Nature in The Call of the Wild by Gary Snyder The poem Call of the Wild by Gary Snyder represents an ecological view on relationship between nature and Western civilization‚ as well as on peace and war. The image of the West in this poem is characterized by repression‚ ignorance‚ and violence. It ruins both wild nature with its forests and animals‚ and civilized human ’nature’. Thus‚ the term nature itself appears to be problematic. I argue that Snyder
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"The empirical detectability of intelligent causes renders intelligent design a fully scientific theory." William Dembski Introduction Questions on the origin of life and of the universe must have permeated human thought since the very beginning of the thought process itself. Philosophers‚ natural scientists‚ and theologians have long historical records of dealing with the explanations of mankind’s origin‚ function‚ purpose‚ and ultimate destiny1. In a seemingly never-ending process of debate
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