We will derive a two-state put option value in this problem. data: s0 = 180; x = 190; 1 + r = 1.1. the two possibilities for st are 210 and 110.a. the range of s is 100 while that of p is 80 across the two states. what is the hedge ratio of the put? (negative value should be indicated by a minus sign. round your answer to 2 decimal places.) hedge ratio b-1. form a portfolio of 4 shares of stock and 5 puts. what is the (nonrandom) payoff to this portfolio? (round your answer to 2 decimal places.) nonrandom payoff $ b-2. what is the present value of the portfolio? (round your answer to 2 decimal places.) present value $ c. given that the stock currently is selling at 180, calculate the put value. (round your answer to 2 decimal places.) put value $

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.