The current exchange rate is €1.25 = £1.00 and a British firm offers a French customer the choice of paying a £10,000 bill due in 90 days with either £10,000 or €12,500.
a. The seller has given the buyer an at-the-money put option.
b. The seller has given the buyer an at-the-money call option.
c. The seller has given the buyer both an at-the-money put option, as well as an at-the-money call option.
d. none of the options

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

What is the difference between secure bonds and naked bonds?

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?