Let S = 62, K = 55, r = 0.06, 0 = 0.35, 8= 0, T = 1, and pricing is to be done using the two-period binomial approximation (i. e. n = 2 periods). A chooser option is an exotic option that lets you choose after a certain period whether an option is a European call or a European put. Suppose that the time at which you need to choose is equal to T/2. Note that K is the strike that will apply to the call or the put depending on what is chosen. What is the price of this chooser option?

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)