Option Essays & Research Papers

Best Option Essays

  • Options - 2474 Words
    GSU, Department of Finance, AFM Spring 2014 - Chapters 10-11 / page 1 - Introduction to Derivative Markets FI 4200/AFM Characteristics of Options r Definitions and Positions: - A Call Option gives its owner for a specified time the right to purchase an underlying good at a specified price (= exercise price or strike price) - A Put Option gives its owner for a specified time the right to sell an underlying good at a specified price (= exercise/strike price) - An American...
    2,474 Words | 31 Pages
  • Option and Sequel - 414 Words
    You will find an Excel file with exhibits from the case on Moodle. Assignments MUST be submitted before class on Moodle. In class, you will have 10 minutes to present your solution, followed by a class discussion. You may want to prepare slides (max. 7) to support your presentation. “ARUNDEL PARTNERS: THE SEQUEL PROJECT” State clearly all assumptions that you make and defend their choices whenever possible. 1. Why do the principals of Arundel Partners think they can make money buying movie...
    414 Words | 2 Pages
  • Dozier: Options - 1555 Words
    Dozier Since the acceptance of Dozier Industries’ bid, the company CFO has been exploring the methods available to best manage the exchange risk associated with the award payment being dispersed in British Pounds (GBP). He originally considered a forward contract or a spot contract, but is now investigating how currency options could help hedge against uncertain foreign exchange exposure. The CFO needs to decide whether or not options contracts might provide some benefit to hedge the currency...
    1,555 Words | 5 Pages
  • Stock Options - 848 Words
    STOCK OPTIONS - AN EFFECTIVE COMPENSATION METHOD Stock Options have become the greatest form of remuneration for big names in organizations across the United States (Hall, 2000). The senior executives, who are given this option, can buy shares of the company at what Hall (2000) describes as the “exercise price”. They could be given “at the money”, “out of the money” or “in the money” price (Hall, 2000). Stock Options are helpful in motivating the holders to perform for the benefit of the...
    848 Words | 3 Pages
  • All Option Essays

  • Stock Options - 1216 Words
    Many years ago stock options were rarely used as incidental benefits for top executives. Nowadays, compensating employee whit stock options has become an increasingly common practice. Before the year 1996, only the intrinsic value method was used to record these transactions. This method distorted the issuer’s reported financial condition and results of operations, which could lead to inappropriate decisions taken by investors. Followed by the increased use of employee stock options and the...
    1,216 Words | 3 Pages
  • futures options - 1588 Words
    Walking Through Some Examples of Futures and Options Contracts – Speculation and Hedging As Dr. Cogley said in class the other day, sometimes futures contracts and options are hard to wrap your head around until you see them a few times. So I’ve written up some examples similar to those Dr. Cogley did in lecture, with a little more explanation about how we get the results that we do. But before we jump into that, we need to revisit our terms. 1. Forward contract: A buyer and a seller agree to a...
    1,588 Words | 7 Pages
  • Call Option - 1883 Words
    8.3.)An investor sells a European call option with strike price of K and maturity T and buys a put with the same strike price and maturity. Describe the investor's position. The payoff to the investor is - max (ST - K , 0) + max(K - ST, 0) This is K- ST in all circumstances. The investor's position is the same as a short position in a forward contract with delivery price K. 8 .4.)Explain why brokers require margins when clients write options but not when they buy options? When an...
    1,883 Words | 5 Pages
  • Option Valuation - 960 Words
    Option Valuation Chapter 21 Intrinsic and Time Value intrinsic value of in-the-money options = the payoff that could be obtained from the immediate exercise of the option for a call option: stock price – exercise price for a put option: exercise price – stock price the intrinsic value for out-the-money or at-themoney options is equal to 0 time value of an option = difference between actual call price and intrinsic value as time approaches expiration date, time value goes to zero...
    960 Words | 4 Pages
  • Vix Options - 870 Words
    Trading volatility is nothing new for option traders. Most option traders rely heavily on volatility information to choose their trades. For this reason, the Chicago Board Options Exchange (CBOE) Volatility Index, more commonly known by its ticker symbol VIX, has been a popular trading tool for option and equity traders since its introduction in 1993. Until recently, traders used regular equity or index options to trade volatility, but many quickly realized that this was not the best method. On...
    870 Words | 3 Pages
  • Real Options - 567 Words
    Real Option Memo To: Dave Jacobs From: James Jones Date: November 26, 2012 Re: College Education Intro and type of flexibility with this option The option I’m going to discuss in this memo is whether I should continue on with my college career year after year, or just to abandon receiving a higher education and make my part time job a full time job. From the 7S framework, my real option would be the Disinvest/Shrink then the scope down option (abandon). Sources of uncertainty...
    567 Words | 2 Pages
  • Option and Blades - 264 Words
    MiniCase 2 Blades, Inc. Chap 5 1. If Blades uses call options to hedge its yen payables, should it use the call option with the exercise price of $0.00756 or the call option with the exercise price of $0.00792? Describe the tradeoff. 2. Should Blades allow its yen position to be unhedged? Describe the tradeoff. Chap 6 1. Did the intervention effort by the Thai government constitute direct or indirect intervention? Explain. 2. Did the intervention by...
    264 Words | 2 Pages
  • Option and Value - 1685 Words
    1. _____ is the rate of change of delta with respect to the price of the underlying asset. a. Gamma b. Theta c. Rho 2. The short term risk-free rate usually used by derivatives traders is b. The LIBOR rate 3. Duration of a ten-year 6% coupon bond with a face value of $100 is a. Less than 10 years. 4. Which of the following are always positively related to the price of a European call option on a stock? c. The volatility 5. When we talked about Vega hedging, if a portfolio...
    1,685 Words | 5 Pages
  • Share Options in the Major Stocks
    SHARE OPTIONS IN THE STOCKMARKET The principal business of stock exchanges is trade in physical shares, but they also trade in share options in the major stocks. An option gives the holder the right to buy or sell a share at a predetermined price at some point in the future – for example, the right to buy shares in three months’ time at a price set today. An option which gives the buyer the right to buy a share is a “call” option. An option which gives the buyer the right to sell a share is a...
    518 Words | 2 Pages
  • Option and Major Studios - 533 Words
    FIN 4414 – Financial Management – Spring 2009 “Arundel” Case Assignment Due: March 23, 2009 Case: “Arundel Partners: The Sequel Project,” HBS, Case # 9-292-140, Revised 12/92. Main Question: Is $2million per movie a fair price? Why or why not? Additional Questions 1. Provide a brief overview of the proposed venture. Clearly describe the relevant time line. 2. Why do the proponents of this venture believe that Arundel Partners can make money buying movie sequel rights?...
    533 Words | 2 Pages
  • Sally Jameson Stock Options
    Student Number: Assignment Title: Course Code: Course Title: Section #: 999346845 Assignment 16 RSM 1331 Finance I: Capital Markets & Valuation 1 2 AM 3 PM 4 5 In submitting this work for grading, I confirm: • That the work is original, and due credit is given to others where appropriate • Acceptance and acknowledgement that assignments found to be plagiarized in any way will be subject to sanctions under the University’s Code of Behaviour on Academic Matters. Please pay attention to the...
    1,024 Words | 4 Pages
  • Real Options Alex - 12056 Words
    REAL OPTIONS: STATE OF THE PRACTICE by Alex Triantis, University of Maryland, and Adam Borison, Applied Decision Analysis/ PricewaterhouseCoopers1 n an economic environment characterized by rapid change, great uncertainty, and the need for flexibility, it has become increasingly important for corporate managers to use investment evaluation tools and processes that properly account for both uncertainty and the company’s ability to react to new information. Real options has emerged as an...
    12,056 Words | 48 Pages
  • Michael Stevens Option Strategy
    Introduction Michael Stevens is a relatively new investor struggling to maintain profits in an uncertain economy. Recent conflicts and conflicting reports have left the Canadian Market muddled and somewhat divided. Michael capitalized on recent volatility in the market and has gained some unrealized profits. He sees a bullish economy returning in the near future but would like to ensure that his profits are maintained even through minor volatility for the next six months. He plans to do this...
    4,445 Words | 14 Pages
  • Foreign Currency Futures and Options
    Compare and contrast foreign currency futures and options. Identify situations where you may choose one or the other. When Barings Bank, the oldest merchant bank in London, collapsed in 1995 after one of the bank’s employees lost £827 million due to speculative investing, primarily in futures contracts, it illustrated the extreme danger and volatility of derivatives. Options and futures can be used to eliminate, reduce, hedge and manage risk, but can also be highly speculative. Foreign...
    1,723 Words | 6 Pages
  • Call Option and Dividend Yield
    HW#4 1. A portfolio is currently worth $10 million and has a beta of 1.0. The S&P 100 is currently standing at 800. Explain how a put option on the S&P 100 with a strike price of 700 can be used to provide portfolio insurance. 2. “Once we know how to value options on a stock paying a dividend yield, we know how to value options on stock indices and currencies.” Explain this statement. 3. Explain how corporations can use range-forward contracts to hedge their foreign exchange risk....
    372 Words | 2 Pages
  • Call Option and Price - 438 Words
    Question 1: Consider an option on dividend-paying stock when stock price $30, the exercise price is $29, the risk-free interest rate is 5% p.a., the volatility is 25%p.a. and time to maturity is 4 months. Assume that the stock is due to go ex-dividend in 1.5 months. The expected dividend is 50cents. a. b. c. what is the price of the option if it is a European call? What is the price of the option if it is a European put? Use the results in the Appendix to this chapter to determine whether...
    438 Words | 2 Pages
  • Option and Dividend Yield - 962 Words
    Chapter 15 Quiz 15.1) A portfolio is currently worth $10 million and has a beta of 1.0. An index is currently standing at 800. Explain how a put option with a strike price of 700 can be used to provide portfolio insurance. Index goes down to 700 10*(800/700)= 8.75 million Buying put options= 10,000,000/800= 12,500 If you buy the options at 800, the value will be 12,500 times the index with a strike price of 700 therefore providing protection against a drop in the value of the portfolio...
    962 Words | 5 Pages
  • Stock option case study
    BDO Case Study – “Accounting for Stock Options” Congratulations, your firm has just won a new engagement for the December 31, 2012 audit of Stock It (the Company). You are the lead senior on the engagement and thus were delegated the task of auditing the client’s equity balances. In review, you noted that the client has a significant amount of stock options issued to their employees, a means that many start-up companies use to compensate employees and entice them to put in the effort to make...
    658 Words | 3 Pages
  • Call Option and Stock - 587 Words
    ------------------------------------------------- FE1 Bonus Test 1. This test is 45 minutes long and there are 6 questions. The test will be taken down after 46 minutes. 2. Each question carries 2.5 points. 3. Answer All questions 4. Students who attempts the test twice will be given zero credit. 1 The price of a stock is $50. The stock pays a dividend of $5 in 3 months. A 6-month European put option on the stock has a strike price of $48 and a premium of $4.38. The continuously compounded...
    587 Words | 3 Pages
  • Call Option and Price - 2255 Words
    0) r AV\5 ~t-r tc~1 J ACT 4000, FINAL EXAMINATION ADVANCED ACTUARIAL TOPICS APRIL 24, 2007 9:00AM - 11:OOAM University Centre RM 210- 224 (Seats 266- 304) Instructor: Hal W. Pedersen You have 120 minutes to complete this examination. When the invigilator instructs you to stop writing you must do so immediately. If you do not abide by this instruction you will be penalised. Each question is worth 10 points. If the question has multiple parts, the parts are equally...
    2,255 Words | 32 Pages
  • Call Option and Price - 2832 Words
    MIDTERM #1 Student: ___________________________________________________________________________ 1. You purchase one September 50 put contract for a put premium of $2. What is the maximum profit that you could gain from this strategy? A. $4,800 B. $200 C. $5,000 D. $5,200 E. None of these is correct The following price quotations on IBM were taken from the Wall Street 2. Journal. The premium on one IBM February 90 call contract is A. $4.1250 B. $418.00 C. $412.50 D. $158.00 E. None...
    2,832 Words | 10 Pages
  • Anomalies in Option Pricing - 6312 Words
    Anomalies in option pricing: the Black-Scholes model revisited New England Economic Review, March-April, 1996 by Peter Fortune This study is the third in a series of Federal Reserve Bank of Boston studies contributing to a broader understanding of derivative securities. The first (Fortune 1995) presented the rudiments of option pricing theory and addressed the equivalence between exchange-traded options and portfolios of underlying securities, making the point that plain vanilla options -...
    6,312 Words | 15 Pages
  • Real Options Savola - 3716 Words
    Finance 412 Dr.Eskandar Tooma Fall 2010 Savola Sime Egypt Case Study Mayamine El Saady 900061728 May Farag 900060338 Marina Hanna 900060272 Amina Hussein 900061146 Introduction: Real option analysis (ROA) is a decision-making structure that basically calculates the value of a future business decision. ROA borrows from financial options theory. A financial option gives the buyer of a financial asset the right, but not the obligation, to buy a stock...
    3,716 Words | 12 Pages
  • Tutorial Futures and Option - Answer
    1. As an option writer, what is the best option to take when you forecast the market to be bullish? Sketch the profit/loss diagram and determine the in the money, out of the money and at the money. 2. The call option of Diamond Bhd stock has a striking price of RM30 and a cost of option RM2 per share with one month expiration date. The current market price of share is RM26. If you buy 3 lots (1 lots = 100 shares) of shares, calculate the profits or losses at the expiration date for each of...
    716 Words | 3 Pages
  • Derivatives Properties of Option - 2764 Words
    Chapter 1 to 3 Chapter 9 Revision on Financial Derivatives & Properties of Options Prices • What are financial derivatives? What are their roles in finance? • Give examples of derivatives and draw their profit diagrams. • Name some financial derivatives that are traded in Bursa Malaysia. 2 • Definition  A financial instrument that has a value determined by the price of something else Risk management. Derivatives are tools for companies and other users to reduce risks...
    2,764 Words | 18 Pages
  • Option vs Stock Investments
    20-14 International Capital Market (3IM) Lecture 9 Option versus Stock Investments • Could a call option strategy be preferable to a direct stock purchase? • Suppose you think a stock, currently selling for $100, will appreciate. • A 6-month call costs $10 (contract size is 100 shares). • You have $10,000 to invest. • Strategy A: Invest entirely in stock. Buy 100 shares, each selling for $100. • Strategy B: Invest entirely in at-the-money call options. Buy 1,000 calls, each selling for...
    573 Words | 3 Pages
  • Derivatives: Option and Binomial Tree
    FINM3405 Derivatives & Risk Management Tutorial 6 Reference Material Lecture 8 (class notes and lecture slides) Tutorial Questions Question 1 A stock is currently priced at $20. In any given 4-month period, stock price will either go up by 18.91% or down by 15.9%.1 The riskless rate of interest is 4% per annum continuously compounded. A European-style call option is written on this stock with a $12 strike price and 8 months to expiry. a) b) c) d) Use the delta-hedging approach to price this...
    1,033 Words | 4 Pages
  • Real Options: Samsung - 3092 Words
    St. Petersburg University Graduate School of Management SAMSUNG GALAXY INVESTMENT PROJECT VALUATION USING REAL OPTIONS APPROACH Project by the 1nd year students: Dudnik Maxim Fomin Maxim Fakhritdinova Dilyara Sinyakin Anton Tkachenko Nikolay St. Petersburg 2013 Content Galaxy Investment Project Valuation Company Description Samsung Group is a South Korea is an international conglomerate company. It was founded by Lee Byung-chul in 1938...
    3,092 Words | 18 Pages
  • Financial Options and Applications in Corporate Finance
    CHAPTER 8—FINANCIAL OPTIONS AND APPLICATIONS IN CORPORATE FINANCE TRUE/FALSE 1. An option is a contract that gives its holder the right to buy or sell an asset at a predetermined price within a specified period of time. ANS: True 2. The strike price is the price that must be paid for a share of common stock when it is bought by exercising a warrant. ANS: True 3. The exercise value is the positive difference between the current price of the stock and the call option’s strike price....
    1,667 Words | 8 Pages
  • Options and Derivatives Chapter 1 Solutions
     CHAPTER 1 Introduction Practice Questions Problem 1.1 What is the difference between a long forward position and a short forward position? When a trader enters into a long forward contract, she is agreeing to buy the underlying asset for a certain price at a certain time in the future. When a trader enters into a short forward contract, she is agreeing to sell the underlying asset for a certain price at a certain time in the future. Problem 1.2. Explain carefully the...
    2,863 Words | 11 Pages
  • Stock Market and Stock Option Plan
    Should the company implement the proposed employee stock option plan? In a typical stock option plan, the employee is offered a specific number of shares which he/she can exercise (buy) at some specified time in the future. The price at which the employee can buy the stock is equal to the market price at the time the stock option was granted (grant price). The employee's gain is equal to the market value of the stock at the time it is exercised, less the grant price. If the market price of...
    965 Words | 3 Pages
  • Option and Risk-free Interest Rate
    Question 1 Consider an option on a non-dividend-paying stock when the stock price is $30, the exercise price is $29, the risk-free interest rate is 5% per annum, the volatility is 25% per annum, and the time to maturity is four months. a. What is the price of the option if it is a European call? b. What is the price of the option if it is an American call? c. What is the price of the option if it is a European put? d. Verify that put–call parity holds. Question 2...
    395 Words | 2 Pages
  • Applications of Option Pricing in Corporate Finance
    Applications of option pricing in corporate finance Option pricing is used in four major areas of corporate finance: • Real Options Suppose a company has a 1-year proprietary license to develop a software application for use in a new generation of wireless cellular telephones. Hiring programmers and marketing consultants to complete the project will cost $30 million. The good news is that if consumers love the new cell phones, there will be a tremendous demand for the software. The bad...
    507 Words | 2 Pages
  • Black-Scholes Option Pricing Model
    Question: Discuss how an increase in the value of each of the determinants of the option price in the Black-Scholes option pricing model for European options is likely to change the price of a call option. A derivative is a financial instrument that has a value determined by the price of something else, such as options. The crucial idea behind the derivation was to hedge perfectly the option by buying and selling the underlying asset in just the right way and consequently "eliminate...
    1,490 Words | 5 Pages
  • Call Option and Lotus S Stock
    Keller Case 1. To analyze the profit and loss possibilities inherent in the option investment strategies, please perform the following analyses for call and put options on Lotus’s common stock that mature in February 1994 and that have an exercise price of $55 per share. a. Compute net profits and losses per share (actual dollar profit and losses, not rates of return) at expiration (February 19, 1994) for the following investment strategies: Buying a call option on Lotus’s stock;...
    524 Words | 2 Pages
  • Stock Options-Acc 499 Capstone
    Name April 10, 2011 ACC499-Accounting Capstone Professor According FASB, compensation plans include all arrangements by which employees receive shares of stock or other equity instruments of the employer or the employer incurs liabilities to employees in amounts based on the price of the employer’s stock. Compensation cost should be measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period, under the fair value...
    999 Words | 3 Pages
  • Chapter 14 Options and Corporate Finance
    CHAPTER 14 OPTIONS AND CORPORATE FINANCE Answers to Concepts Review and Critical Thinking Questions 1. A call option confers the right, without the obligation, to buy an asset at a given price on or before a given date. A put option confers the right, without the obligation, to sell an asset at a given price on or before a given date. You would buy a call option if you expect the price of the asset to increase. You would buy a put option if you expect the price of the asset to decrease. A...
    4,419 Words | 22 Pages
  • Executive Stock Options and Ipo Underpricing
    Executive Stock Options and IPO Underpricing Michelle Lowry• Smeal College of Business Penn State University E-mail: mlowry@psu.edu Phone: (814) 865-1483 Kevin J. Murphy Marshall School of Business University of Southern California E-mail: kjmurphy@usc.edu Phone: (213) 740-6553 July 31, 2006 Abstract In about one-third of US IPOs between 1996 and 2000, executives received stock options with an exercise price set equal to the IPO offer price (rather than a price determined by the...
    15,520 Words | 45 Pages
  • Futures and Options Chapter 9 Answer
    CHAPTER 9 Mechanics of Options Markets Practice Questions Problem 9.8. A corporate treasurer is designing a hedging program involving foreign currency options. What are the pros and cons of using (a) the NASDAQ OMX and (b) the over-the-counter market for trading? The NASDAQ OMX offers options with standard strike prices and times to maturity. Options in the over-the-counter market have the advantage that they can be tailored to meet the precise needs of the treasurer. Their...
    3,055 Words | 10 Pages
  • Real Options in Telecommunication - Network Evolution Economics
    Real Options in Telecommunication Network Evolution Economics John M. Charnes∗ The University of Kansas School of Business—FEDS 1300 Sunnyside Avenue Lawrence, KS 66045 jmc@ku.edu Barry R. Cobb The University of Kansas School of Business—FEDS 1300 Sunnyside Avenue Lawrence, KS 66045 brcobb@ku.edu January 19, 2003 1 Introduction This document describes ongoing work to be performed on a research project during the period 16 September 2002 through 15 September 2003. In...
    4,576 Words | 19 Pages
  • Sally Jameson Valuing Stock Options in a Compensation Package
    Sally Jameson: Valuing Stock Options in a Compensation Package By Group 10 1. If we ignore tax consideration and assume that Sally Jameson is free to sell her options at any time after she joins Telstar, which compensation package is worth more? First scenario, if Sally chooses stock options and hold until maturity date. Ignoring the taxation and other constraints, the future value of cash compensation at the end of the 5th year will be 5000 * (1 + 0.0602) ^ 5 = 6697.44. We can easily form...
    1,045 Words | 3 Pages
  • Laura Martin Real Options and Cable Industry
    Advanced Corporate Finance and Modeling – FINA0065-1 Assignment #1 – Laura Martin: Real Options and the Cable Industry 1. Consider the multiples analysis developed in Exhibits 2,5 & 6 Please describe the method of ‘Multiples’ using case numbers and answer to the following questions: 1.1. What assumptions does this analysis rely upon? 1.2. How is Martin’s regression analysis different from/similar to traditional multiples analysis? 1.3. Do you agree with her interpretation of the...
    258 Words | 2 Pages
  • Chapter 7 Currency Futures and Options Markets
    76 CHAPTER 7 CURRENCY FUTURES AND OPTIONS MARKETS This chapter describes foreign currency futures and options contracts and shows how they can be used to manage foreign exchange risk or take speculative positions on currency movements. It also shows how to read the prices of these contracts as they appear in the financial press. SUGGESTED ANSWERS TO CHAPTER 7 QUESTIONS 1. On April 1, the spot price of the British pound was $1.86 and the price of the June futures contract was $1.85....
    6,469 Words | 19 Pages
  • Eva Comparison with Direct Employee Stock Ownership and Option Plans
    EVA Comparison with Direct Employee Stock Ownership and Option Plans An employee stock ownership plan (ESOP) is a type of defined contribution benefit plan that buys and holds company stock. Employees do not actually buy shares in an ESOP. Instead, the company contributes its own shares to the plan, contributes cash to buy its own stock or has the plan borrow money to buy stock, with the company repaying the loan. All of these uses have significant tax benefits for the company, the...
    455 Words | 2 Pages
  • Finance: Comparing Option Price, Time to Maturity, and Strike Price
    FINS3635 – ASSIGNMENT (a) Comparing Option price, time to maturity, and strike price: 1. Option price against Time to Maturity, For a given strike price: i) APOL calls (K=40) and puts (K=40) (ii) SBUX calls (K=40) and puts (K=40) (iii) ABAT calls (K=5.00) and puts (K=5.00) 2. Option price against Strike Price, for a given maturity: i) APOL calls and puts ii) SBUX July 2011 calls and puts iii) ABAT 2011 calls and puts: (b) Observing the...
    1,341 Words | 5 Pages
  • Valuation-of-Undeveloped-Oil-Reserves-with-Option-Pricing-Model-Ogel
    About OGEL OGEL (Oil, Gas & Energy Law Intelligence): Focusing on recent developments in the area of oil-gas-energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil-gas-energy geopolitics. For full Terms & Conditions and subscription rates, please visit our website at www.gasandoil.com/ogel/. Open to all to read and to contribute Our aim is for OGEL to become the hub of a global professional and academic network....
    3,016 Words | 13 Pages
  • Issuing Stock Warrants to Investors: How Stock Option Warrants Work
    Issuing Stock Warrants to Investors: How Stock Option Warrants Work • When raising capital for a business venture, warrants are a common form of equity that is given to investors. A warrant is like an option - it gives the holder the right to buy a security at a fixed or formulaic price, which is known as the "exercise" or "strike" price. • Warrants are often confused with options. Options, as used in the venture capital space, are typically long term (up to 10 years). They are also...
    1,820 Words | 5 Pages
  • Guy Cohen The Bible Of Options Strategies Prentice Hall 2005
    70+ DVD’s FOR SALE & EXCHANGE www.traders-software.com www.forex-warez.com www.trading-software-collection.com www.tradestation-download-free.com Contacts andreybbrv@gmail.com andreybbrv@yandex.ru Skype: andreybbrv The Bible of Options Strategies In an increasingly competitive world, it is quality of thinking that gives an edge—an idea that opens new doors, a technique that solves a problem, or an insight that simply helps make sense of it all. We work with leading authors in the various...
    103,260 Words | 841 Pages
  • Sally Jameson: Valuing Stock Options in a Compensation Package (Abridged)
    Sally Jameson: Valuing Stock Options in a Compensation Package (Abridged) Sally Jameson, a second-year MBA student at Harvard Business School, was thrilled but confused. It was late May 1992, graduation was approaching, and she had finally landed the job of her choice. She had just finished an early morning telephone conversation with Bob Marks, the MBA recruiting coordinator at Telstar Communications, a large, publicly held multinational company. Mr. Mark had offered Ms. Jameson a unique...
    1,139 Words | 4 Pages
  • Fundamentals of Futures and Options Markets 7e by Hull(Test Bank)
    Test Bank: Chapter 1 Introduction 1. List three types of traders in futures, forward, and options markets i. _ _ _ _ _ _ _ _ ii. _ _ _ _ _ _ _ _ iii. _ _ _ _ _ _ _ _ 2. Which of the following is not true (circle one) a. When a CBOE call option on IBM is exercised, IBM issues more stock b. An American option can be exercised at any time during its life c. An call option will always be exercised at maturity if the underlying asset price is greater than the strike price d. A put option will always...
    13,529 Words | 32 Pages
  • The Purpose of This Case Study Is to Discuss the Issues Related to Stock Options and How They Should Be Accounted for
    The purpose of this case study is to discuss the issues related to stock options and how they should be accounted for. Introduction In the early 1990s, FASB proposed an accounting rule calling for corporations to recognize compensation expense for certain stock options when they were granted to executives and employees. This proposal was met with strong opposition from many different sources including: Congress who passed a resolution by vote urging FASB to drop the proposed standard,...
    776 Words | 3 Pages
  • How is It Possible For an Employee Stock Option to Be Valuable Even If the Firm’s Stock Price Fails to Meet Shareholders Expectations?
    (13-5) How is it possible for an employee stock option to be valuable even if the firm’s stock price fails to meet shareholder’s expectations? Employees have the option of buying stocks because stock options are in essence the right to buy a specified number of shares at a specified price known as the “strike price”, within a specified period of time. There are several ways an employee stock option could be valuable. The option pays off if, at option expiration, the stock price is higher...
    607 Words | 3 Pages
  • Case Delta Beverage Group
    Case Delta Beverage Group, Inc. History The Delta Beverage Group is a bottling and canning company from the United States. Delta had some very strong brand names, like Pepsi and Mountain Dew, included in their franchises. Around 1988, a price war occurred and Delta suffered from compressed margins. About a year later situation became critical and a new management team from was hired. The new management stopped the fall in prices, the decline in market share and increased margins by...
    1,354 Words | 5 Pages
  • Financial Models in Excel - 1424 Words
    Exam, F65 April 2009 Exam F65: Financial Models in Excel Copenhagen Business School 1. April 2009 Open book exam, 4 hours Own computers allowed General information You must hand in your solution in Excel spreadsheet format. You must hand in 2 copies at floppy disks or CD-ROMs. Each of the exercises has been given an individual weight. These indicate to the student how much time should be used on each exercise. However, the final grade will not rely on these weights only, but might...
    1,424 Words | 5 Pages
  • ALUMINIUM COMMODITIES - 1053 Words
    World production: 44.6 million tonnes (2011) Despite being the most abundant metal on earth (in its raw state of bauxite), aluminium used to be considered a precious metal. Only once the processes of extraction and smelting were made more efficient and electricity became cheaper and more readily available did aluminium become what it is today – the most extensively used non-ferrous metal in the world and the most liquid contract traded on the LME. Aluminium is extremely light, pliable, has...
    1,053 Words | 5 Pages
  • Finance-Mini Case - 1132 Words
    Chapter 8. Mini-Case Assume that you have just been hired as a financial analyst by Triple Play Inc., a mid-sized California company that specializes in creating high-fashion clothing. Because no one at Triple Play is familiar with the basics of financial options, you have been asked to prepare a brief report that firm’s executives can use to gain a cursory understanding of the topic. To begin, you gathered some outside materials on the subject and used these materials to draft a list of...
    1,132 Words | 6 Pages
  • Case Study on First American Bank: Credit Default Swaps
    Question 1 A Credit Default Swap (CDS) is an instrument designed to transfer the credit exposure of fixed income products between parties. A CDS is also referred to as a credit derivative contract, where the purchaser of the swap makes payments up until the maturity date of a contract. Payments are made to the seller of the swap. In return, the seller agrees to pay off a third party debt if this party defaults on the loan. A CDS is considered insurance against non-payment. A buyer of a CDS...
    2,205 Words | 6 Pages
  • Solution Manual for Investment Science by Luenberger
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