An investor buys an option on a stock that will return $150 profit if the stock goes up and lose $650 if it goes down. The investor estimates there is a 65% chance the stock will go up.
(a) What is the expected profit for this option? (Enter your answer to two decimal places.)

What does the phrase limited liability mean in a corporate context?

What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified