Consider a chooser option on a stock s whose current price is $100 per share. assume that we are using our usual notation, i. e., let vch (0,t, t, k) denote the time-0 price of a chooser option with choice date t", exercise date t and strike price k. then, the following inequality holds: (a) vch (0, t',t, k) s vp(0, t, k) (b) vch (0, ,t, k) s vo(0, t, k) (c) max(vr(0,t, k), vc(0, t, k)) vch(0,t',t, k) (d) vch (o, t',t, k) < max(vp (0, t, k), vc(0, t, k)) (e) none of the above

Which of the following are considered needs? check all that apply

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?