Consider a one-period binomial model withh = 1, whereS = $100, r = 0, σ = 30%, and δ = 0.08. Compute American call option prices for K = $70, $80, $90, and $100. a. At which strike(s) does early exercise occur? b. Use put-call parity to explain why early exercise does not occur at the higher strikes. c. Use put-call parity to explain why early exercise is sure to occur for all lower strikes than that in your answer to (a)

What is the connection between digital transformation and customer experience

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

What is the relationship among market segmentation, target markts, and consumer profiles?