For questions 1-4, use the following: You buy a call option on Apple with a strike of 270 that expires in two weeks. This option costs you $4. At the end of expiration day, what is the lowest Apple’s price could be for you to rationally decide to exercise the option? Selected 270 Question 2 1 out of 1 points Correct If Apple’s price at time of option expiration is $273, what is your Payoff on the option position? Selected 3 Question 3 1 out of 1 points Correct If Apple’s price at time of option expiration is $273, what is your Profit on the option position?

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.