You wrote a $40 call option on a stock that has a market price of $43. which one of the following statements must be correct if the option expires three months from now?

a. your option currently has zero intrinsic value.
b. your option currently has a negative payoff.
c. you have the right to purchase shares at $40 a share.
d. your option payoff will increase if the market price of the stock increases.
e. if the market price remains stable, you will make the decision to exercise this option prior to expiration.

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

You should do all of the following before a job interview except

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?