In each of the following, you are asked to compare two options with parameters as given. The risk-free interest rate for all cases should be assumed to be 4%. Assume the stocks on which these options are written pay no dividends.
1. Which put option is written on the stock with the lower price?
Put T X ? Price of Option
A 0.5 50 0.20 10
B 0.5 50 0.25 10
2. Which put option must be written on the stock with the lower price?
Put T X ? Price of Option
A 0.5 50 0.20 10
B 0.5 50 0.20 12
3. Which call option must have the lower time to expiration?
Call S X s Price of Option
A 50 50 0.20 12
B 55 50 0.20 10
A. A.
B. B
4. Which call option is written on the stock with higher volatility?
Call T X S Price of Option
A 0.5 50 55 10
B 0.5 50 55 12
A. A.
B. B.
5. Which call option is written on the stock with higher volatility?
Call T X S Price of Option
A 0.5 50 55 10
B 0.5 55 55 7
A. A
B. B

The new york stock exchange is an example of physical or individual

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check