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Question
As a U.S. investor, you decide to invest $110,000 in Switzerland. You do so at a starting exchange rate of 1.093 SwFr/$. Your Swiss investment gains 7 percent, and the ending exchange rate is 1.091SwFr/$. What is your total return on this investment?A. 6.30%
B. 6.85%
C. 7.20%
D. 7.40%
E. 7.55%
Answer
This answer is hidden. It contains 124 characters.
Related questions
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Which one of the following is equal to net income expressed as a percentage of total assets?
A. return on equity
B. return on the balance sheet
C. operating yield
D. net yield
E. return on assets
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Which one of the following is the definition of investment cash flow?
A. revenue minus expenses
B. cash flow from the purchases and sales of fixed assets and investments
C. cash flow originating from the issuance of securities
D. cash generated by a firm's normal business activities
E. pre-tax income
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B. cash inflows
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D. liabilities
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A. equity
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C. liability
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A firm has sales of $685,000 and cost of goods sold of $435,000. The firm expects sales to increase by 6 percent next year. What is the gross profit amount expected to be next year if the firm uses the percentage of sales approach when compiling pro forma statements?
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Q:
Bay Marina, Inc. has net income of $53,700 and has 30,000 shares of stock outstanding. Similar firms have a price-earnings ratio of 20. Given this, what should the market price of Bay Marina, Inc. stock be per share?
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Q:
A company has a price-earnings ratio of 23 and a price-cash flow ratio of 11.5. If the earnings per share are $1.75, what is the cash flow per share?
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Q:
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Q:
GH Enterprises has annual sales of $5.2 million, depreciation of $350,000, operating expenses of $390,000, and cost of goods sold of $3.1 million. What is the gross profit?
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Q:
Which one of the following statements related to book value per share (BVPS) is correct?
A. BVPS is equal to total assets divided by the number of shares outstanding.
B. An increase in the market value of a firm's fixed assets will increase the firm's BVPS.
C. The payment of a dividend increases BVPS.
D. BVPS is equal to the market price of a share of stock.
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Q:
Which one of the following statements is correct?
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Q:
Identify the five factors of the Black-Scholes option pricing model and identify whether each factor must increase or decrease to cause the price of a put option to increase.
Q:
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Q:
A stock is currently priced at $22 a share while the $30 put option is priced at $5.22. The put option delta is -.25. What is the approximate put price if the stock increases in value to $25?
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Q:
Given a set of variables, the Black-Scholes option pricing formula has a put option delta of -.154. What is the call delta given these same variables?
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Given a set of variables, the Black-Scholes option pricing formula has a call option delta of .496. What is the put delta given these same variables?
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What is the put option premium given the following information? A. $3.62
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Q:
What is the call option premium given the following information? A. $5.91
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Q:
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Q:
Which one of the following inputs is included in the Black-Scholes-Merton model but not in the Black-Scholes model?
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Q:
Which two of the following are key to making SPX options an easy choice as a hedge against an equity portfolio?
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II. American style
III. trade in whole or partial contracts
IV. cash settlement
A. III only
B. I and III only
C. I and IV only
D. II and III only
E. II and IV only
Q:
Which one of the following situations will produce the highest put price, all else constant? Assume the options are all in-the-money.
A. $50 stock price; 60 days to option expiration
B. $50 stock price; 90 days to option expiration
C. $55 stock price; 60 days to option expiration
D. $55 stock price; 90 days to option expiration
E. Insufficient information is provided to answer this question.
Q:
Which one of the following is the upper price bound for the intrinsic value of a European call option on a stock?
A. $0
B. strike price
C. stock price
D. Max (S - K, 0)
E. Max (K - S, 0)
Q:
Which one of the following is a bear call spread?
A. buying a $20 call and selling a $25 call on the same stock
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Q:
You bought a put with a strike price of $25. The current stock price is $23. What is the current payoff value of this option?
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B. -$1
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D. $1
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Q:
Which one of the following combinations creates an in-the-money option?
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E. put price is equal to the call price
Q:
Consider both a European put and call that expire in June and have a strike price of $30. The no-arbitrage relationship between this put and call is referred to as which one of the following?
A. intrinsic equilibrium
B. Euro-match
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D. butterfly spread
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Q:
Kris implemented an option trading strategy consisting of two call options. This strategy is known as which one of the following?
A. spread
B. straddle
C. split
D. combination
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Q:
Selling a call option on stock which you own is referred to as which one of the following strategies?
A. covered call
B. naked call
C. protective put
D. underlying put
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