Three call options on a stock have the same expiration date and strike prices of $52, $58, and $64. The market prices are $5, $6, and $9, respectively. For what range of stock prices would the butterfly spread lead to a positive payoff?

A stock price (which pays no dividends) is $20 and the strike price of a two year European put option is $25. The risk-free rate is 4% (continuously compounded). What is the lower bound for the put option?

A stock price is currently $60. Over each of the next two three-month periods it is expected to go up by 6% or down by 5%. The risk-free interest rate is 5% per annum with continuous compounding. What is the value of a six-month European call option with a strike price of $61?

The price of a stock is $32. A trader buys 1 put option contract on the stock with a strike price of $30 when the option price is $5. When does the trader make a net profit?

Eye changes associated with aging include an opaque, bluish-white ring within the outer edge of the cornea and resulting in dry eyes, discomfort, and increased risk for corneal damage or eye infections.

Three-month call options with strike prices of $60 and $67 cost $7 and $4, respectively. What is the maximum gain when a bull spread is created by trading a total of 400 options?

Data is for the month of June 20X3 for the Fairbanks Hotel: Beginning Inventory                       $28,300 Purchases                                         $16,200 Ending Inventory                             $29,500 Employee Meals- Room Dept.     $300 Employee meals- F&B Dept.        $500   Required: Calculate the cost of good used and the cost of food sold for the month of June.

Below is an income statement. Using horizontal analysis what can you tell me regarding revenue? Also, is there any category that particularly sticks out to you? If so, what category and why? 

FOB (Free on Board) destination the (________) pays for shipping charges, and FOB (Free on Board) shipping point is when the (_________) pays for the shipping charges.  

A motel with 100 rooms sold an average 80 room nights per day. Its average daily rate was $60. Its RevPAR is: