price is $29‚ the risk-free interest rate is 5% per annum‚ the volatility is 25% per annum‚ and the time to maturity is four months. a. What is the price of the option if it is a European call? b. What is the price of the option if it is an American call? c. What is the price of the option if it is a European put? d. Verify that put–call parity holds. Question 2 Assume that the stock in Question 1is due to go ex-dividend in 1.5 months. The expected dividend is 50 cents.
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Chapter 1 Past‚ Present and Future Trends in the Use of Computers in Fisheries Research Bernard A. Megrey and Erlend Moksness I think it’s fair to say that personal computers have become the most empowering tool we’ve ever created. They’re tools of communication‚ they’re tools of creativity‚ and they can be shaped by their user. Bill Gates‚ Co-founder‚ Microsoft Corporation Long before Apple‚ one of our engineers came to me with the suggestion that Intel ought to build a computer for the home
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As per the McKinsey & Company report on “The Future of the Automobile Industry”‚ the ecosystem of the industry is changing fast and is becoming more regulated due to strict environmental restrictions and emission control and alternate fuel requirements. Automobile has always been considered as means of both “transportation and personal expression”‚ but Generation Y of millennial do not concur to that psychology of Baby Boomers. Today automobiles are more about vehicle connectivity‚ interactive safety
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corn. There is a difference between today’s way and the ancient Mexicans way of modifying it. Today corn goes through a process where it is exposed to radiation or chemicals to create a non-specific but stable change. There is much controversy to this. Although there are health concerns‚ the benefits such as corn for eating protecting it from pesticides ‚ livestock feed‚ cooking oil‚ ethanol and even making plastics outweigh the slim possibility of side effects: tumors‚ cancer etc. Ancient
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Week Two Assignment Two – 12 Angry Men • Why is the architect so much more effective at influencing the group members than the stockbroker? Individualism versus collectivism from the Hofstede’s survey done in the 1970 helps bring some light of what happened in the 12 angry men movie. Although the survey was done to understand different cultures among the 116‚000 IBM employees in 40 countries‚ it could be adapted to a scenario of the deliberation by the jurors in this movie. The definition provided
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Mohsin Hamid: The Reluctant Fundamentalist 1. America is mourning the September 11 attacks‚ this give way to America retaliating towards various insurgent groups located in the Middle East. 2. Changez views Chris as a rival‚ due to Erica’s ongoing attachment to him. 3. Popcorn shrimp refers to the American delicacy which acts as a reminder of something so common in New York. He compares the delicacy to the flowers found in Lahore so indicate he is loyal to his country. 4. His Princeton degree
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exception was made. I was beyond excited‚ thinking this dog would be my new best friend‚ and I would take her everywhere with me. When my sister and the dog arrived‚ I found I was sorely mistaken. I tried to pet her‚ and she growled and avoided me. For two weeks I was sullen and disappointed; having a dog in the house‚ but not being able to interact with it was probably worse than not having a dog at all. It turned out my sister had rescued this dog from a house where she was chained to a tree around
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we are currently facing that will eventually be more and more clear as time goes on. One of these problems is most damaging‚ in my opinion‚ to our way of life if we do nothing about it. The issues I am speaking of is the problem of overpopulation. This is a developing crisis and it has plagued most of the world. An area is considered overpopulated if "its population can’t be maintained without rapidly depleting nonrenewable resources and without destroying the environment which supports the population
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“Volatility of Exchange Rate and Export Growth in Pakistan: The Structure and Interdependence in Regional Markets” Khalid Mustafa Assistant Professor Department of Economics‚ University of Karachi and Mohammed Nishat‚ PhD Professor and Chairman‚ Finance and Economics Institute of Business Administration‚ Karachi Abstract The study empirically investigates the effect of exchange rate volatility on exports growth between Pakistan and leading trade partners. The countries are selected to determine
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FUTURE OF DAIRY INDUSTRY IN INDIA By:Daksh Mahajan (MBA batch(2012-14)‚Ambedkar University ‚Dwarka campus‚Delhi) Dairying has played an important role in strengthening India’s rural economy. It has been recognised as an instrumental to bring about socio – economic transformation. Small & marginal farmers and landless labourers derive a substantial part of their livelihood from the sale of milk .We own about seventy percent of cattle in the rural areas. The vast potential of dairying is in
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