A). Suppose instead of stock, the underlying asset of the option contract is currency and each contract covers 100,000 euros. Suppose also that a call option on the euro expiring in three months has a strike price of $1.00 and is priced at $0.0385. Determine the premium, profit, and breakeven spot exchange rate at expiration if the spot exchange rate at expiration is $1.10.

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?