Consider a stock currently trading at 25 that can go up or down by 15 percent per period. the risk-free rate is 10 percent. use one-period binomial model. a. determine the two possible stock prices for the next period. b. determine the intrinsic values at expiration of a european call with an exercise price of 25. c. find the value of the option today. d. construct a hedge by combining a position in stock with a position in the call. calculate the hedge ratio and show that the return on the hedge portfolio is the risk-free rate regardless of the outcome, assuming that the call trading at the price obtained in part c. e. determine the rate of return from a risk-free hedge if the call is trading at 3.50 when the hedge is initiated.

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.