Top Flight Stock currently sells for $53. A one-year call option with strike price of $58 sells for $10, and the risk-free interest rate is 5.5%. What is the price of a one-year put with strike price of $58

Answers

Answer 1

Answer:

$11.97

Explanation:

Calculation for the price of a one-year put

Using this formula

Price=Call option-Stock+Strike price(1+Risk-free interest rate)

Let plug in the formula

Price = $10 - $53 + $58/(1+.055)

Price = $10 - $53 + $58/(1.055)

Price= $11.97

Therefore the price of a one-year put with strike price of $58 will be $11.97

Answer 2

The put price for one year for a stock would be $14.21. The calculations are done on the basis of call option prices and risk free rate of return given in the query.

Put price generally refers to the asking price to sell the stock at a future price either up or down with respect to current situations of the stock market.

The formula for calculating the Put price for one year will be calculated is as given below.

[tex]\rm {Put\; price}= \dfrac{Call\; option- current\; stock\ price + current\; strike\; price}{(1+ risk\; free\; interest\; rate)}\\[/tex]

Putting the values available in the formula above we get

[tex]\rm {Put\ price} = \dfrac{10-53+58}{1+0,055}[/tex]

Value obtained will be

[tex]\rm Put\ price = 14.21[/tex]

Hence, the put price for a stock whose strike price is $58 will be $14.21 for a period of 1 year.

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Related Questions

Suppose you want to realize a future value of $150,000 in 30 years on an investment you make. The average annual rate of return is 8.75%. What will be the present value of your investment? A. $163,125 B. $1,857,673 C. $12,112 D. $150,000

Answers

Answer:

PV= $12,111.93 = $12,112

Explanation:

Giving the following information:

Future Value (FV)= $150,000

Interest rate (i)= 8.75% = 0.0875

Number of periods (n)= 30

To calculate the present value (PV), we need to use the following formula:

PV= FV/(1+i)^n

PV= 150,000 / (1.0875^30)

PV= $12,111.93

If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment rate is 4%, what is the labor force participation rate?
A. 7.8%
B. 96.2%
C. 95%
D. 4.75%

Answers

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

First, we need to calculate the employed people:

Employed population = 500 - 19= 481 million

Now, to calculate the labor force participation rate, we need to use the following formula:

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then the _____ shifts _____.

Answers

Answer:

aggregate demand curve; right

Explanation:

Inflation can be regarded as

when the level of price of goods/service increases for consumer to buy, it can be measured as a result of change in price. There are four types of level of inflation which are creeping, walking as well as galloping, and hyperinflation, which are measured base on speed. It should be noted that For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then the aggregate demand curve shift right

Last year, Rec Room Sports reported earnings per share of $8.40 when its stock price was $201.60. This year, its earnings increased by 25 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock?

Answers

Answer:

The price of the Stock to be $252

Explanation:

As per available data

Earnings per share = $8.40

Stock price = $201.60

Calculate the P/E ratio

P/E ratio = Price / Earnings per share = $201.60 / $8.40 = 24

First calculate the increased earings per share

Increased earnings per share = $8.40 x ( 1 + 25% ) = $10.5 per share

By taking the P/E ratio constant we can calculate the price of stock using increased eanring per share

P/E ratio = Price / Increased Earnings per share

24 = Price  / $10.5

Price = $10.5 x 24

Price = $252

A stock is a broad term that refers to any company's ownership certificates. A share, on the other hand, refers to a certain company's stock certificate.

The price of the Stock to be $252  

As per available data:-

Earnings per share = $8.40

Stock price = $201.60

Calculate the P/E ratio:-

P/E ratio = Price / Earnings per share = $201.60 / $8.40 = 24

First calculate the increased earrings per share:-

Increased earnings per share = $8.40 x ( 1 + 25% ) = $10.5 per share

By taking the P/E ratio constant we can calculate the price of stock using increased earning per share:-

P/E ratio = Price / Increased Earnings per share

24 = Price  / $10.5

Price = $10.5 x 24

Price = $252

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An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weights of each stock?

Answers

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

bramble reported total asset s of and net income of for the current year. what is the corrected amount for toal assets and net income for the yeqr

Answers

Answer:

Total Assets

Inventory is understated by $59,300 at the end of the year which means that assets are understated by the same amount.

To rectify this therefore you;

= 6,395,000 + 59,300

= $‭6,454,300‬

Net Income

When closing inventory is understated, it will have the effect of understating income and when opening inventory is understated, income will be overstated.

This means that the income for the year is overstated by $139,000 but understated by $59,300.

Corrected income is;

= 500,000 - 139,000 + 59,300

= $420,300

Classify each of the following based on the macroeconomic definitions of saving and investment.

a. Megan purchases stock in Pherk, a pharmaceutical company.
b. Larry purchases a new condominium in Denver.
c. Janet purchases new ovens for her cupcake-baking business.
d. Felix purchases a corporate bond issued by a car company.

Answers

Answer:

A)savings

B) investment

C) investment

D)savings

Explanation:

In macroeconomics, Savings could be regarded as the amount that remains when the spending by consumer has been deducted from amount of disposable income that was earned by the consumer at that particular period.

Investment can be regarded as the amount of goods that are been accumulated which has not been consumed at that particular time.

From the question, The stock purchased by Megan in the question means that she has extral money which is savings to her. Government bonds purchase by Felix means he secured a savings.

ardner Electric has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-bond rate is 5.25%. The annual return on the stock market during the past 4 years was 10.25%. Investors expect the average annual future return on the market to be 14.75%. Using the SML, what is the firm's required rate of return

Answers

Answer: 13.61%

Explanation:

The Security Market Line is the Capital Asset Pricing model graphed the required return can be found using CAPM.

= Risk free rate + beta ( Market return - risk free rate)

Use the longer term rates for CAPM so use the T bond rate of 5.25% for risk free rate and use the 14.75% for the market return.

= 5.25% + 0.88 * ( 14.75 - 5.25%)

= 13.61%

For Bonita Industries at a sales level of 4000 units, sales is $69000, variable expenses total $46000, and fixed expenses are $21000. What is the contribution margin per unit

Answers

Answer:

the contribution margin per unit is $5.75 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

The Contribution margin per unit is

Contribution margin per unit= Contribution margin ÷ Sales units

= ($69,000 - $46,000 ) ÷ 4,000

= $5.75 per unit

Hence, the contribution margin per unit is $5.75 per unit

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Which of the following is likely to help an organization expand collaborative
involvement?

Answers

Complete Question:

Which of the following is likely to help an organization expand collaborative involvement?

Group of answer choices

A. Hosting training sessions with customers.

B. Minimizing critical encounters with customers.

C. Developing service resilience.

D. Applying the practices of traditional selling.

E. Using cold canvassing for customer prospecting

Answer:

A. Hosting training sessions with customers.

Explanation:

Collaborative involvement can be defined as the process in which two or more people and an organization have a mutual understanding or agreement to share knowledge, ideas and skills in order to help the organization achieve its aim, goals and objectives successfully.

For example, a restaurant such as McDonald's may decide to train its cashier on proper customer relationship management and effective sales and marketing techniques by inviting consenting customers to partake in the training sessions.

Hence, hosting training sessions with customers is likely to help an organization expand collaborative

involvement.

Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May is to
be based on 3,320 meals. The diner's director has provided the following cost data to use in the budget: groceries, $4.00 per
meal; kitchen operations, $4,620 per month plus $1.75 per meal; administrative expenses, $3,820 per month plus $0.60 per
meal; and fundraising expenses. $1,720 per month
Required:
Prepare the diner's budget for the month of May. The budget will only contain the costs listed above; no revenues will be on the
budget.
Shiigi Urban Diner
Planning Budget
For the Month Ended May 31
Budgeted meals
3,320
Groceries
Kitchen operations
Administrative expenses
Fundraising expenses
Total expense

Answers

Answer:

Shiigi Urban Diner

Diner's Cost Budget for the month of May:

                                               Fixed      Variable      Total

Budgeted meals = 3,320 units

Groceries                                  $0       $13,280     $13,280

Kitchen Operations              4,620          5,810       10,430

Administrative Expenses     3,820          1,992         5,812

Fundraising Expenses          1,720             0             1,720

Total                                   $10,160     $21,082     $31,242

Explanation:

Cost Data and Calculations:

Budgeted number of meals to serve = 3,320

Groceries = $4.00 per meal = $13,280 ($4 * 3,320)

Kitchen operations, $4,620 per month plus $1.75 per meal =

$4,620 + ($1.75 * 3,320) = 10,430

Administrative expenses, $3,820 per month plus $0.60 per  meal =

$3,820 + ($0.60 * 3,320) = $5,812

Fundraising expenses, $1,720 per month

which value of a makes this investor indifferent between the risky portfolio and the risk-free asset

Answers

Answer: 8

Explanation:

Expressing the value of A that would equate the risk-free rate to the risky portfolio is;

0.06 = 0.15 − A/2(0.15)²

0.06 - 0.15 = -0.01125‬ * A

A = (0.06 - 0.15) / -0.01125‬

A = 8

With A being 8, the investor would be indifferent between the risk free asset and the risky portfolio according to their utility function.

Advantages to free-trade agreements (FTAs) are that they increase trade barriers (both tariff and non-tariff barriers), open up market to exporters, and increase jobs domestically. True orFalse

Answers

Answer:

False

Explanation:

Free trade agreements are economic cooperation deals between two or more countries.  In the agreement, the countries agree to put in measures that will promote trade between them. Free trade agreements are mostly about tariffs and duties that countries impose on each other imports and exports.

The purpose of the free trade agreement is for participating countries to review the tariffs to increase trade among participating countries. In most cases, a free trade agreement resorts to reduced tariffs and duties.

The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the evaluation and adjustment lags is called:

Answers

Answer:

A matter of timing

Explanation:

The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the evaluation and adjustment lags is called a matter of timing. The reason being that it can be difficult to time fiscal policy to shift the AD curve at the right moments.

If a bank has a reserve ratio of 8 percent, then Group of answer choices the bank keeps 8 percent of its assets as reserves and loans out the rest. the bank keeps 8 percent of its deposits as reserves and loans out the rest. the bank's ratio of loans to deposits is 8 percent. government regulation requires the bank to use at least 8 percent of its deposits to make loans.

Answers

Answer:

the bank keeps 8 percent of its deposits as reserves and loans out the rest.

Explanation:

Since it is mentioned in the question that there is a reserve ratio of 8% so now the reserve requirement means the requirement with respect to the fund value that bank should hold on to in reserve against deposits that made by their clients. The money must be either at the vaults of the bank or at the closing of the federal reserve bank

Therefore the second option is correct

A company that reports segment information had average total assets of $1,548,450 and total net income of $629,700. Segment A had average total assets of $940,800 and segment operating income of $317,800. Segment B had average assets of $607,650 and segment operating income of $311,900. The segment return on assets for Segment B is:

Answers

Answer:

the segment return on assets for segment B is 51.33%

Explanation:

The computation of the segment return on assets for segment B is shown below:

For segment B

= Segment operating income ÷ average assets

= $311,900 ÷ $607,650

= 51.33%

Hence, the segment return on assets for segment B is 51.33%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Getting to know what your customers want, need, and care about is
Question 11 options:

a.a waste of time.

b.one of the chores of doing business.

c.good customer service.

d.only important in certain businesses.

Answers

Answer:

c. good customer service.

Explanation:

Customers service is the provision of prompt, professional, and helpful assistance to customers before and after a purchasing interaction. The objectives of customer service are to keep customers happy and satisfies. Happy customers remain loyal to a business and make good brand ambassadors.  

Getting to understand what customers want, need, and care about will help a business develop products and services that offer solutions to their problems. The business will attract and retain more customers because it will be in a position to address their needs.

"________ is the difference between the average cost and price of all merchandise in stock as used by the middlemen."

Answers

Answer:

Markup

Explanation:

Markup is defined as the difference that exists between the selling price of a product and the average cost that was used in its production

This information is used by middle men to estimate the amount of profit they can make on sale of a product.

Usually the markup cost is incorporated into the cost incurred by the producer as a percentage of a product's cost.

This ensures middle men make some profit

Jasper makes a $31,000, 90-day, 6.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is:______(Use 360 days a year).A. $243.75.
B. $2925.
C. $1462.50.
D. $32.50.
E. $731.25.

Answers

Answer:

the amount of interest that is collected is $503.75

Explanation:

The computation of the amount of interest that is collected is shown below:

= Cash loan × number of days ÷ total number of days × rate of interest

= $31,000 × 90 days ÷ 360 days × 6.5%

= $503.75

Hence, the amount of interest that is collected is $503.75

This is the answer but the same is not provided in the given options

We simply applied the above formula so that the correct value could come

And, the same is to be considered

What would you pay for an investment that pays you $49000 at the beginning of each year for the next ten years? Assume that the relevant interest rate for this type of investment is 6%.

Answers

Answer:

$360,644

Explanation:

The computation of the amount paid for an investment is as follows:

= Payment made × ((1 - (1 + rate of interest)^-number of years) ÷ rate of interest

= $49,000 × ((1 - (1 + 0.06)^-10) ÷ 0.06)

=$360,644

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the amount paid for an investment is $360,644

Suppose you will receive a payment of $300 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment.

Answers

Answer: False

Explanation:

When interest rates rise, the present value of a payment will be reduced because it will be discounted by a higher rate.

For instance; assume the interest rate was originally 10%. The present value of the $300 would be;

= 300 / ( 1 + 10%)

= $273

Now assume the interest rate went up to 11%. Present value would be;

= 300 / ( 1 + 11%)

= $270

Notice that the present value fell when the interest rate rose.

The DCF value of the firm using the FCFF information above, a discount rate of 6%, and an expected terminal growth rate of 2%, is:__________.

Answers

Answer:

$176,900 million

Explanation:

Calculation for the DCF value of the firm

DCF value of the firm=$6,527/1.06 + $6,853/1.062 + $7,196/1.063 + $7,556/1.064 + ($7,707/(0.06 - 0.02))/1.064

DCF value of the firm= $176,900 million

Therefore the DCF value of the firm will be $176,900 million

disadvantage of activities that focus on generating publicity is _____________________________________. the limited control over the exact content of the message that reach is very limited that the sender will receive too much feedback the high cost the need for a standardized message

Answers

Answer:

the need for standardized message

Explanation:

In simple words, publicity refers to the process under which the same message is transmitted to a large volume of population. This results to a chaos as every individual might not interpret the message in the same manner as it was intended to be. Hence the effort to interact with the target audience may go into vain.

Thus, from the above we can conclude that the correct option is D.

The market price of a security is $32. Its expected rate of return is 17%. The risk-free rate is 6%, and the market risk premium is 9.0%. What will be the market price of the security if its correlation coefficient with the market portfolio doubles (and all other variables remain unchanged)? Assume that the stock is expected to pay a constant dividend in perpetuity.

Answers

Answer:

im sorry

Explanation:

Which is a monetary policy that would be useful in stopping deflation?
A)
decreasing taxation
B)
increasing the discount rate
C)
increasing government spending
D)
decreasing the reserve requirement

Answers

The correct answer is:

B) increasing the discount rate

Equipment was purchased for $50,000. At that time, the equipment was expected to be used eight years and have a residual value of $10,000. The company uses straight-line depreciation. At the beginning of the third year, the company changed its estimated useful life to a total of six years (four years remaining) and the residual value to $8,000. What is depreciation expense in the third year?

a. $8,000.

b. $5,000.

c. $7,000.

d. $5,500.

Answers

Answer:

Annual depreciation= $8,000

Explanation:

First, we need to calculate the accumulated depreciation for the first two years:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (50,000 - 10,000) / 8

Annual depreciation= $5,000

Accumulated depreciation= 5,000*2= $10,000

Now, we can calculate the new depreciation expense:

Annual depreciation= [(50,000 - 10,000) - 8,000]/4

Annual depreciation= $8,000

Over time, consumers have less of a need for a broad product offering. How does this shift in preferences alter the desirability of make-to-stock production relative to make-to-order production?1. It increases it, i.e., make-to-stock becomes more desirable.2. It has no impact.3. It decreases it. i.e., make-to-stock becomes less desirable.4. We cannot determine from the given information.

Answers

Answer:

Over time, consumers have less of a need for a broad product offering. How does this shift in preferences alter the desirability of make-to-stock production relative to make-to-order production?

3. It decreases it. i.e., make-to-stock becomes less desirable.

Explanation:

Given the above scenario, there will be no need for a company to produce goods that will be stored.  Instead, it will wait to receive orders before it commences production of any goods.  This is caused by the shift in preferences "consumers have less of a need for a broad product offering." This means that make-to-order will be highly prioritized while reducing or eliminating make-to-stock production facilities.

The cash conversion cycle (CCC) combines three factors: The inventory conversion period, the receivables collection period, and the payables deferral period, and its purpose is to show how long a firm must finance its working capital. Other things held constant, the shorter the CCC, the more effective the firm's working capital management.

a. True
b. False

Answers

Answer:

a. True

Explanation:

A cash conversion cycle can be defined as a measure of the time or how long (in days) it would take a business firm or company to transform or convert its investments that are in inventory, as well as other tangible resources into cash-flow from the sales it make.

The cash conversion cycle (CCC) combines three factors: The inventory conversion period, the receivables collection period, and the payables deferral period, and its purpose is to show how long a firm must finance its working capital. Other things held constant, the shorter the CCC, the more effective the firm's working capital management.

'Modigliani Manufacturing has a target debt-equity ratio of .50. Its cost of equity is 18 percent and its cost of debt is 11 percent. If the tax rate is 35 percent, what is Modigliani's WACC

Answers

Answer:

the Weighted average cost of capital is 14.38%

Explanation:

The computation of the weighted average cost of capital is shown below:

Weight of equity is

= 1 ÷ (1 + Debt equity Ratio)

= 1 ÷ 1.5

And, Weight of Debt is

= 0.5 ÷ 1.5

Now

WACC = Weight of Equity × Cost of Equity + Weight of Debt × Cost of Debt × (1 - Tax rate)

= 1 ÷ 1.5 × 18% + 0.5 ÷ 1.5 × 11% × (1 - 35%)

= 14.38%

hence, the Weighted average cost of capital is 14.38%

find the range for the observation 5.6,7.1,8.3,3.7,6.8,4.1,8.4,2.9,2.7,4.4,8.2,2.8​

Answers

Answer:

8

Explanation:

The range is the difference between the largest and smallest numbers. The midrange is the average of the largest and smallest number.

9-1=8

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