Correlation is the:

You have an equity portfolio valued at $1.22 million that has a beta of .98. You have decided to hedge this portfolio using SPX call option contracts. The S&P 500 index is currently 3,092. The option delta is 0.639. How many option contracts must you write to effectively hedge your portfolio?

You own 200 shares of Delta stock, which is currently worth $33 a share. You just paid an option premium of $.55 to buy two put contracts on this stock with a strike price of $30. What is the maximum loss per share you are avoiding by purchasing the option contract?

The following are the functions of the membrane proteins, except:

Use the following information to calculate the  standard deviation of a portfolio that is 70 percent invested in 3 Doors, Inc., and 30 percent invested in Down Co.: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Do not include the % sign.     3 Doors, Inc.   Down Co. Expected return, E(R) 12 %   12 % Standard deviation, σ 42     44   Correlation     .27      

An investor purchased 1 SPX put option with a strike of 1600. The investor wrote one SPX put option with the same maturity date and a strike of 1500. At maturity, what is your total payoff if the S&P 500 index is 1520?

An increase in which two of the following will have a negative effect on the value of a put option?risk-free interest ratetime to option maturityunderlying stock priceoption strike price

A group of stocks and bonds held by an investor is called which one of the following?

Which one of the following returns is the average return you expect to earn in the future on a risky asset?

Which neuron would activate a muscle?