The current stock price of alcoa is $100, and the stock does not pay dividends. the instantaneous risk-free rate of return is 3%. the instantaneous standard deviation of alcoco's stock is 40%. you want to purchase a put option on this stock with an exercise price of $105 and an expiration date 30 days from now. according to the black-scholes opm, you should hold shares of stock per 100 put options to hedge your risk.

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment