What is the minimum possible value of a European call if S = 52;
K = 50, r (annual rate of interest) = 24% and time remaining to
maturity is 3 months? (10 pts)
Note: Use simple rate of interes

Answers

Answer 1

The minimum possible value of the European call option is approximately 2.8752.

Given the parameters S = 52 (current stock price), K = 50 (strike price), r = 24% (annual interest rate), and a time to maturity of 3 months, we can calculate the minimum call option value.

The Black-Scholes formula for European call option pricing is as follows:

C = S * N(d1) - K * e^(-r*T) * N(d2)

Where:

C = Call option price

S = Current stock price

N = Cumulative standard normal distribution function

d1 = (ln(S/K) + (r + σ^2/2) * T) / (σ * sqrt(T))

d2 = d1 - σ * sqrt(T)

K = Strike price

r = Annual interest rate

T = Time to maturity (in years)

e = Euler's number (approximately 2.71828)

σ = Implied volatility of the underlying asset

Using the provided values, we can calculate the minimum call option value as follows:

d1 = (ln(52/50) + (0.24 + 0^2/2) * (3/12)) / (0.24 * sqrt(3/12))

   = (ln(1.04) + 0.12 * 0.25) / (0.24 * 0.1443)

   = (0.0392 + 0.03) / 0.0346

   = 1.7507

d2 = 1.7507 - 0.24 * sqrt(3/12)

   = 1.7507 - 0.24 * 0.1443

   = 1.7507 - 0.0346

   = 1.7161

N(d1) = N(1.7507) ≈ 0.9599 (using standard normal distribution table)

N(d2) = N(1.7161) ≈ 0.9569 (using standard normal distribution table)

C = 52 * 0.9599 - 50 * e^(-0.24 * (3/12)) * 0.9569

 = 49.9152 - 50 * e^(-0.06) * 0.9569

 ≈ 49.9152 - 50 * 0.9408

 ≈ 49.9152 - 47.040

 ≈ 2.8752

Therefore, the minimum possible value of the European call option is approximately 2.8752.


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Related Questions

In the given figure, line p is parallel to line q. Which of the following describes the relationship between angles 2 and 3?

Answers

Answer:

see below

Step-by-step explanation:

<2 and <3 are same side interior angles

Since p and q are parallel, <2 and <3 add to 180 ( or are supplementary)

Answer:

They are consecutive interior angles

Step-by-step explanation:

Hey, can someone answer this please?and if you're reading this, you matter, <3

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The equation has a slope of -2 and the value of 5 is the y-intercept.

When ever you need to find the y-intercept, you need to look at the number without x.

I need help with this question:(

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the answer is 8^18...
3*6 = 17 and the 8 stays the same

What is the perimeter of a square garden with an area of 25 square feet?
O 20 feet
O 5 feet
O 100 feet
O 50 feet

Answers

Answer:

The answer is 20 feet.........

Can someone help me?
If u don’t know please just go.
But if u know don’t be shy answer.

Answers

Answer:

Make a line graph with all the data. I think

Step-by-step explanation:

what is the solution of this equation?
-1+x=4

Answers

Answer:

x=5

Step-by-step explanation:

-1+x=4

+1   +1

x=5

hope this helps :)

X = 5


Step by step:

-1 + x = 4
x = 4 + 1
x = 5

Determine the slope through points (3,0) (-12,-15)

Answers

Answer:

The slope is 1.

Step-by-step explanation:

Work out the bearing of D from C.
D

Answers

The bearing of D from C is equal to the angle measure 315°.

What is bearing?

Bearing is usually measured in degrees, with 0° indicating the reference direction (usually North), and increasing clockwise to 360°. It refers to the direction or angle between a reference direction and a point or object.

By observation, the angle between the north line CN and the line CD is equal to 45°, the bearing of D from C is the angle formed beginning from the north line clockwise to the line CD calculated as:

360° - 45° = 315°

Therefore, the bearing of D from C is equal to angle measure 315°

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the area of liberty's township square playground is represented by the trinomial x^2-10x 25

Answers

The area of Liberty's township square playground; trinomial x²-10x+25 can also be represented as the square of (x - 5).

The trinomial x² - 10x + 25 represents the area of Liberty's township square playground.

To understand this trinomial, let's break it down and analyze its components:

x²represents the area of a square with side length x.

-10x represents the length of the rectangular portion of the playground.

25 represents the area of a smaller square within the playground.

So, in essence, the playground can be visualized as a square with side length x, from which a rectangular section measuring 10x is subtracted, and within that remaining space is a smaller square with side length 5 (since 5² = 25).

In terms of factoring the trinomial, we can rewrite it as a perfect square:

x² - 10x + 25 = (x - 5)²

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QUESTION 9 Let A = - 12 (27) 21 9.4 Find a matrix P and a diagonal matrix D such that P-¹AP = D. (2) 9.5 Find A23. (You may write 223, for example, as it is without calculating its value.) (4) 9.6 Use the above to solve the following system of differential equations: (6) 1= x+222 y₂ = 2x1 + x₂

Answers

9.5 To find matrix P and diagonal matrix D such that [tex]P^{-1}AP = D[/tex], the given matrix A needs to be diagonalized.

9.5 [tex]A^{23}[/tex] can be calculated by multiplying A to itself 23 times.

9.6 The system of differential equations can be solved using the diagonalized form of A obtained in question 9.4.

9.4 To find matrix P and diagonal matrix D, we need to diagonalize the given matrix A. Diagonalization involves finding the eigenvalues and eigenvectors of A. By calculating the eigenvalues and eigenvectors, we can construct matrix P using the eigenvectors as its columns. The diagonal matrix D is formed by placing the eigenvalues on the diagonal. The obtained matrices P and D satisfy the equation [tex]P^{-1}AP = D[/tex].

9.5 To find [tex]A^{23}[/tex], we can multiply the matrix A to itself 23 times. The resulting matrix will have the values of A raised to the power of 23.

9.6 The system of differential equations can be solved using the diagonalized form of matrix A obtained in question 9.4. Since A = [tex]PDP^{-1}[/tex], we can rewrite the system of differential equations in terms of P and D. Then, by performing a change of variables using [tex]P^{-1}[/tex], the system can be transformed into a diagonal system. This diagonal system can be solved by solving each diagonal equation separately. The solutions can then be transformed back to the original variables using P.

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y= -4x + 7
y= 1/4x -2

a. the same line
b. distinct parallel lines
c. perpendicular lines
d. intersecting, but not perpendicular lines

Answers

Answer:

the solution is c. perpendicular lines

Step-by-step explanation:

the slopes: 1/4 and -4 are perpendicular and intersecting

PLEASE HELP ME ANSEWR ASAP

Answers

The correct equation from the diagram in this problem is given as follows:

x = 17.3/cos(37º).

What are the trigonometric ratios?

The three trigonometric ratios are the sine, the cosine and the tangent of an angle, and they are obtained according to the formulas presented as follows:

Sine = length of opposite side to the angle/length of hypotenuse of the triangle.Cosine = length of adjacent side to the angle/length of hypotenuse of the triangle.Tangent = length of opposite side to the angle/length of adjacent side to the angle = sine/cosine.

For the angle of 37º, we have that:

17.3 is the adjacent side.x is the hypotenuse.

Hence the equation is obtained as follows:

cos(37º) = 17.3/x

x = 17.3/cos(37º).

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The length of the longer leg of a right triangle is 3cm more than three times the length of the shorter leg. The length of the hypotenuse is 4cm more than t
The length of the longer leg of a right triangle is
3cm
more than three times the length of the shorter leg. The length of the hypotenuse is
4cm
more than three times the length of the shorter leg. Find the side lengths of the triangle.

Answers

The side lengths of the right triangle are: shorter leg = 7 cm, longer leg = 24 cm, and hypotenuse = 25 cm.

Let's denote the length of the shorter leg as x.

According to the information:

The length of the longer leg is 3 cm more than three times the length of the shorter leg, which can be expressed as 3x + 3.

The length of the hypotenuse is 4 cm more than three times the length of the shorter leg, which can be expressed as 3x + 4.

In a right triangle, the Pythagorean theorem states that the square of the length of the hypotenuse is equal to the sum of the squares of the lengths of the other two sides. Using this, we can set up the equation:

(x)²+ (3x + 3)² = (3x + 4)²

Expanding and simplifying the equation:

x² + (9x² + 18x + 9) = (9x² + 24x + 16)

Combining like terms:

10x² + 18x + 9 = 9x² + 24x + 16

Moving all terms to one side of the equation:

10x² + 18x + 9 - 9x² - 24x - 16 = 0

Simplifying:

x² - 6x - 7 = 0

Now, we can solve this quadratic equation by factoring or using the quadratic formula. Factoring, we have:

(x - 7)(x + 1) = 0

Setting each factor to zero:

x - 7 = 0   or   x + 1 = 0

Solving for x:

x = 7   or   x = -1

Since lengths cannot be negative, we discard the solution x = -1.

Therefore, the length of the shorter leg is x = 7 cm.

Using this value, we can find the length of the longer leg and the hypotenuse:

Length of the longer leg = 3x + 3 = 3(7) + 3 = 21 + 3 = 24 cm

Length of the hypotenuse = 3x + 4 = 3(7) + 4 = 21 + 4 = 25 cm

So, the side lengths of the triangle are:

Shorter leg = 7 cm

Longer leg = 24 cm

Hypotenuse = 25 cm

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Find the sum of the first 9 terms in the following geometric series.

Do not round your answer.

64+32+16+...

Answers

Answer:

127.75

Step-by-step explanation:

64+32+16+8+4+2+1+.5+.25=127.75

Answer:

127.75

Step-by-step explanation:

What is the value of y?
A. 63 degrees
B. 54 degrees
C. 73 degrees
D. 126 degrees

Answers

it’s 54 degrees because all the angles are the same

Answer:

A. 63 degrees

Step-by-step explanation:

63+63+54=180

C10 Let , V, WE R³. Explain why × ( x w) must be a vector that satisfies the vector equation x = sv + tw.

Answers

The cross product, denoted by ×, of two vectors x and w in R³ is a vector that satisfies the vector equation x = sv + tw. This can be explained by the geometric properties of the cross-product in three-dimensional space. The cross product produces a vector that is perpendicular (orthogonal) to both x and w, which makes it a natural choice to express x as a linear combination of v and w.

In three-dimensional space, the cross product of two vectors x and w, denoted by x × w, produces a vector that is perpendicular to both x and w. This means that x × w is orthogonal to both x and w.

Now, consider the vector equation x = sv + tw, where s and t are scalars. We want to find a vector that satisfies this equation. Since x × w is orthogonal to both x and w, it is also orthogonal to any linear combination of x and w, including sv and tw. Therefore, x × w is a natural choice as the vector that satisfies the equation x = sv + tw.

Geometrically, x can be seen as the sum of the vector sv, which lies along the same line as v, and the vector tw, which lies along the same line as w. The cross product x × w provides a vector that is perpendicular to both v and w, completing the span of vectors that can be formed by linear combinations of v and w.

In conclusion, the cross product x × w is a vector that satisfies the vector equation x = sv + tw due to its orthogonality to both x and w.

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Find the slope of the line through the points (6, -7) and (4, -8).

Answers

The slope is 1/2 or 0.5

Answer:

y=1/2x -10

Step-by-step explanation:

use y2-y1/x2-x1 and solve

than y-y1=answer(x-x1)

What is the value of x?

1/2 x + 2 = x - 1/4

Answers

x= 9/2 (I looked it up on Socratic)
x=1.5 subtract .5x from both sides than at 1/4 to both and then divide 2.25/1.5 to get 1.5 which is x

Let A be the following matrix: 0-20 30 −1 (a) Enter its characteristic equation below. Note you must use p as the parameter instead of X, and you must enter your answer as a equation, with the equals sign. (-2-p)*(p^2-6*p-16)=0 (b) Enter the eigenvalues of the matrix, including any repetition. For example 16,16,24. -2,-2,8 (c) Hence find a matrix P which orthogonally diagonalises A. To enter a matrix click on the 3x3 grid of squares below. Next select the exact size of the matrix you want. Then change the entries in the matrix to the entries of your answer. If you need to start over then click on the trash can. ab sin (a) a 52 f di P 01 3 100 03 8 x 1: 2.07 10.0

Answers

Matrix A can be diagonalized by using the Orthogonal matrix P and the diagonal matrix D as follows: A = PDP^-1, where P^-1 = PT.

a) The characteristic equation of the matrix A is as follows:(-2-p)(p2−6p−16) = 0, where p is used instead of x.

b) The eigenvalues of the matrix are -2, -2, and 8, including repetition.c)

The process of orthogonal diagonalization is as follows, where P is an orthogonal matrix and D is a diagonal matrix that contains the eigenvalues of A along the diagonal

:First, we need to find the eigenvectors that correspond to each of the eigenvalues of A.i) For λ = -2: A + 2I = 2 20 30 −3 row2-2row1: A + 2I = 2 20 30 0 0 0 -3row2+row3: A + 2I = 2 20 30 0 -3 0 ii) For λ = 8: A - 8I = -8 -20 30 -1 row2 + row1: A - 8I = -8 -20 30 -51 row3 - 3row2: A - 8I = -8 -20 30 -51 iii) For λ = -2: A + 2I = 2 20 30 −3 row2-2row1: A + 2I = 2 20 30 0 0 0 -3row2+row3: A + 2I = 2 20 30 0 -3 0

Therefore, we have the eigenvectors for λ = -2, which are [-3/√10, 1/√10, 0] and [3/√10, 1/√10, 0].We also have the eigenvector for λ = 8, which is [1/√2, 0, -1/√2].

Thus, the orthogonal matrix P is given by: P = [−3/√10 3/√10 1/√2 1/√10 1/√10 0 0 0 -1/√2]

Finally, the diagonal matrix D is: D = [−2 0 0 0 −2 0 0 0 8].

Therefore, matrix A can be diagonalized by using the orthogonal matrix P and the diagonal matrix D as follows: A = PDP^-1, where P^-1 = PT.

The answer in the matrix is given below: $A=\begin{bmatrix}-2 & 0 & 0\\0 & -2 & 0\\0 & 0 & 8\end{bmatrix}.

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Approximate the value of the series to within an error of at most 10-5. (-1)^+1 n6 n=1 According to Equation (2): |SN - S|

Answers

Approximately, the value of the series is -7,619,287 to within an error of at most [tex]10^-5.[/tex]

The series is

[tex](-1)^(n+1) * n^6 n=1.[/tex]

We have to approximate the value of the series to within an error of at most 10^-5.

To obtain an approximation for the series, let us evaluate the sum S6.

Hence, the series S is given as:

[tex]S = (-1)^(1+1)*1^6 + (-1)^(2+1)*2^6 + (-1)^(3+1)*3^6 + ... + (-1)^(n+1)*n^6[/tex]

To obtain an approximation to this series, we will use the Alternating Series Estimation Theorem, which is given by:

|SN - S| <= |Rn|, where Rn is the remainder when SN is used to approximate the sum S.

Therefore, we have to determine the sum S6, the alternating series SN6, and the remainder R6.

|S6 - SN6| = R6

= |-7,605,967|

≈[tex]7.61 x 10^6.[/tex]

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Solve the system of equations.

Answers

Answer:

x = -2

y = 8

Step-by-step explanation:

8x + 5y = 24

y = -4x

Substitute y;

8x + 5(-4x) = 24

Distribute;

8x - 20x = 24

-12x = 24

Divide both sides by -12

x = -2

Substitute x;

y = -4(-2)

y = 8

The solution to the system of equations is x = -2 and y = 8.

To solve the system of equations:

8x + 5y = 24

y = -4x

We can use the second equation (y = -4x) to substitute for 'y' in the first equation. This process is known as substitution. Replace 'y' in the first equation with (-4x):

8x + 5(-4x) = 24

Now, simplify and solve for 'x':

8x - 20x = 24

Combine the x terms:

-12x = 24

Next, isolate 'x' by dividing both sides by -12:

x = 24 / -12

x = -2

Now that we have the value of 'x', we can find 'y' by substituting '-2' back into the second equation:

y = -4(-2)

y = 8

The solution to the system of equations is x = -2 and y = 8.

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Which expression is equivalent to x^2(3x^3−2x)−(−7x^3+2) ?
A-3x^5+5x^3−2
B-3x^5−9x^3+2
C-3x^5+7x^3−2x+2
D-3x^6+7x^3−2x^2−2

Answers

Answer:  A

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2. Let A (4,10,7), B (-1, 4, 1) and C (3,7,2). Compute the angle ZB and the area of the triangle formed by the three points.

Answers

The angle ZB can be computed using the dot product of vectors ZB and ZC, and the area of the triangle can be found using the cross product of vectors ZB and ZC.

To find the angle ZB, we first calculate the vectors ZB and ZC:

[tex]\(ZB = B - Z = (-1, 4, 1) - (4, 10, 7) = (-5, -6, -6)\)[/tex]

[tex]\(ZC = C - Z = (3, 7, 2) - (4, 10, 7) = (-1, -3, -5)\)[/tex]

Then, we calculate the dot product of ZB and ZC:

[tex]\(ZB \cdot ZC = (-5, -6, -6) \cdot (-1, -3, -5) = 43\)[/tex]

Using the dot product formula, we can find the angle between the two vectors:

[tex]\(\cos(ZB) = \frac{{ZB \cdot ZC}}{{\|ZB\| \cdot \|ZC\|}} = \frac{{43}}{{\sqrt{77} \cdot \sqrt{35}}}\)[/tex]

Finally, we can calculate the angle ZB using the inverse cosine function:

[tex]\(ZB = \cos^{-1}\left(\frac{{43}}{{\sqrt{77} \cdot \sqrt{35}}}\right)\)[/tex]

To find the area of the triangle formed by the three points, we calculate the cross product of vectors ZB and ZC:

[tex]\(ZB \times ZC = \begin{vmatrix} \mathbf{i} & \mathbf{j} & \mathbf{k} \\ -5 & -6 & -6 \\ -1 & -3 & -5 \end{vmatrix}\)[/tex]

By expanding the determinant, we obtain the resulting vector:

[tex]\(ZB \times ZC = (12, -1, -9)\)[/tex]

The magnitude of this vector represents the area of the triangle:

[tex]\(\text{Area} = \left\|ZB \times ZC\right\|\)[/tex]

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Mr morakes municipal bill showed R201,27 for water usage at the end of August 2018. He stated that the basic charge was not included on the water bill. Verify if this statement is correct

Answers

Mr Morake's Municipal bill showed R201,27 for water Usage at the end of August 2018 and he stated that the basic charge was not included on the water bill, then he is incorrect.

Mr Morake's municipal bill showed R201,27 for water usage at the end of August 2018. He stated that the basic charge was not included on the water bill. Verify if this statement is correct.

A basic charge is a fixed fee that appears on a water bill regardless of the volume of water used. It covers the cost of the water distribution system, maintenance of the infrastructure, and customer support. It's not linked to your actual water usage and is included in every monthly bill, according to most municipal billing systems.

What is a basic charge?

A basic charge is a fixed fee that is charged for water usage. The fee is fixed and does not change from month to month. It is a fee that is typically charged by municipalities. It is used to help cover the costs of maintaining the water infrastructure.

The basic charge includes the following costs:

Water infrastructure management Pumping stations Reservoirs Pipeline maintenance meter maintenance Customer service This charge ensures that the water system is maintained and that customers receive excellent service, even if their water usage is low.

So, if Mr Morake's municipal bill showed R201,27 for water usage at the end of August 2018 and he stated that the basic charge was not included on the water bill, then he is incorrect. As previously stated, the basic charge is included on every monthly bill, according to most municipal billing systems.

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AB is parallel to CD (a) work out the size of the angle marked x give a reason for your answer

Answers

The size of the angle marked x is 105 degrees. The reason for this answer is that alternate Angles formed between two parallel lines are always equal.

To find the size of the angle marked x, we need to understand the concept of alternate angles and parallel lines. According to the given statement, AB is parallel to CD, which means the lines AB and CD never intersect each other and they remain at the same distance from each other. Also, two lines intersected by a transversal form various pairs of angles such as alternate angles, corresponding angles, interior angles, and exterior angles. Alternate angles are equal when two parallel lines are intersected by a transversal.

Using this property of alternate angles, we can say that angle x is equal to angle z. It is because both angle x and angle z are alternate angles and they are formed between the parallel lines AB and CD. So, we can write:

angle x = angle z Now, we can use the given information to find the value of angle z. We are given that angle z and angle y add up to 180 degrees. It is because angle z and angle y are adjacent angles and they are formed on a straight line. So, we can write:

angle z + angle y = 180 degreesWe know that angle y is equal to 75 degrees. We can substitute this value in the above equation and solve for angle z.angle z + 75 = 180 Subtracting 75 from both sides, we get:angle z = 180 - 75angle z = 105 degrees

Now that we have found the value of angle z, we can use the property of alternate angles to find the value of angle x. We have already established that angle x is equal to angle z. So, we can write:angle x = 105 degrees

Therefore, the size of the angle marked x is 105 degrees. The reason for this answer is that alternate angles formed between two parallel lines are always equal.

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The equation y = 25,000(1+0.04)* models the salary of an employe
who receives an annual raise. Give the meaning of each number and
variable in this equation.

Answers

The equation can be interpreted as follows: The salary (y) of the employee is equal to the initial salary (25,000) multiplied by the total percentage increase in the salary (1 + 0.04).

In the equation y = 25,000(1 + 0.04), each number and variable has a specific meaning:

y: This represents the salary of the employee after receiving the annual raise. It is the dependent variable that we are trying to determine.

25,000: This is the initial salary of the employee before the annual raise. It is a constant value and represents the starting point for the salary calculation.

1: This represents the base value of 100% or 100% of the initial salary. It is added to the raise percentage to calculate the total percentage increase in the salary.

0.04: This represents the raise percentage, which is 4% in this case. It signifies that the employee's salary will increase by 4% of the initial salary.

By calculating this equation, we can determine the final salary of the employee after the annual raise.

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8 to the power of third

Answers

Answer:

=512

Step-by-step explanation:

dave drives to work. while driving the car over nine days, he observes his daily average speed and lists it in the table below. day average speed (mph) 1 45 2 62 3 44 4 70 5 59 6 66 7 54 8 63 9 67 the median speed at which dave drove to work was .

Answers

The median speed at which Dave drove to work is 62 mph.

To find the median speed at which Dave drove to work, we need to arrange the average speeds in ascending order and determine the middle value.

Arranging the average speeds in ascending order:

44, 45, 54, 59, 62, 63, 66, 67, 70

Since we have nine values, the middle value is the 5th value, which is 62.

Therefore, Dave's average speed on the way to work was 62 mph.

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PLZ HELP I REALLY NEED HELP
which one is written in scientific notation
90 x 10 EXP2 ,
9 x 10 EXP2,
90 x 10EXP 1,
9 x 10EXP1

Answers

1) 9,000
2) 900
3) 90
4) 9
Answer:1) 9,0002) 9003) 904) 9Step-by-step explanation:mark brainliest plzs and have u finished the story plzs ask a question with that in the question but plzs finish it and mark brainliest

is -1 less than -2
is -2 less than -2
is -3 less than -2
is -4 less than -2
is -5 less than -2

Answers

No, no, yes, yes, yes I believe. Hope this helps!!
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When an individual develops physiological, psychological, and emotional symptoms forat least one month following exposure to a traumatic event they are most likelypresenting with which disorder?O Acute Stress DisorderO Posttraumatic Stress Disorder (PTSD)O AnxietyO Adjustment Disorder consider the following information on the stock market in a small economy. company shares outstanding price, beginning of year price, end of year 1 100 $50 $55 2 1,000 $15 $18 3 10,000 $4 $6 instructions: enter your responses rounded to one decimal place. a. compute a price-weighted stock price index for the beginning of the year and the end of the year. what is the percentage change? the percentage change is %. b. compute a value-weighted stock price index for the beginning of the year and the end of the year. what is the percentage change? (note: the value of a firm is calculated by multiplying the number of its shares by the prices of those shares.) the percentage change is %. Please keep this answer straight and to the point. Maybe 100-200words, Thank you.Week 3: Discussion 2/4 Due by 6/26 at 11:59 p.m. All Sections You have been asked to identify various strategies for segmenting a market, which then will be used to choose one strategy for your pet su A process is a structured set of activities designed to accomplish a defined objective. It consists of a series of activities carried out to convert input to output, and ultimately into an outcome.Just defining processes mean nothing to an organisation. What is the BEST action to perform after process definition so that the organisation has the best chance of reaching the service outcomes?Select one:A.Enable people and tools to execute the activities of processes.B.Assign the roles, responsibilities, and people to specific tasks of processes.C.Describe the process using procedures and work instructions.D.Further explain the process definitions in detail with relevant examples. Each organization has its own background perceptions, ethics, values, history, and ambitions. Therefore, a "one size fits all" change management process may not work in every organization. We must assess and adapt our process to fit the backgrounds and philosophies of each organization.Given this understanding, we need to research and assess when, and if, an organization is ready for change, and then adopt a process to best facilitate the change process. Choose a Middle Eastern organization at which you are currently working or one in which you are familiar. (If neither is possible, conduct an internet search to identify a Middle Eastern organization which has gone through a transformation process within the last three years.) Then address the following:Provide a brief summary of the organization (its history, culture, industry, product, and services).Explain why a change was needed. What is the gap between the present state and the desired future state?How strong is the need for change?What is the source of this need? Is it external to the organization?If the change does not occur, what will be the impact on the organization in the next few years?Briefly explain if the change process was a success or failure.Based on what you have learned thus far in the course, evaluate the companys readiness for change. Were they ready, why or why not? Would you have done anything differently?ReadingsRequired:Chapter 4 in Organizational Change: An Action-Oriented ToolkitAllen, J. B., Jain, S., & Church, A. H. (2020). Using a pulse survey approach to drive organizational change. Organization Development Review, 52(3), 62-68.Organizational Inertia as a Barrier to Change: The Application of Grounded Theory to Understand Organizational Inertia. (2020). Organizational Culture Management, 19(2), 251280. https://doi.org/10.22059/jomc.2020.298205.1007993Recommended:Chapter 4 PowerPoint slides Chapter 4 PowerPoint slides - Alternative Formats in Organizational Change: An Action-Oriented ToolkitPlease choose Saudi Ministry of Health as an organizationplease be notice that we have 2030 vision and there is a program and lots of initiatives for Health transformationI will attach the link of Vision website , it may help you to connect the 2 ideas togetherhttps://www.vision2030.gov.sa/v2030/achievements/also i attached the file of the achievements and it includes a part about health You are trying to understand the error surrounding the precipitation estimate that you obtained from one of your rain gages. You have determined that for this gage you have a standard error of 30%. For a precipitation event of 5 inches, what is the probability that the actual event is less than 6.5 inches (please assume a normal distribution) (please also provide the response without a percent sign and in the following numerical format: 00.00) Work Station(s)TellerFinal statusNAFinal inventory (int. buff.)0.00Mean inventory (int. buff.)0.00Mean cycle time (int. buff.)0.00Work cycles started47.75Fraction time working0.95Fraction time blocked0.00Buffer(s)LineObjects leaving47.75Final inventory5.46Minimum inventory0.00Maximum inventory7.75Mean inventory4.18Mean cycle time10.44Served CustomerObjects leaving0.00Final inventory46.76Minimum inventory0.00Maximum inventory46.76Mean inventory22.42Mean cycle timeInfiniteWhat are some of the key data points from the models results that are beneficial to operations?If you were the manager at this bank and were presented the results from this model, what opportunities for improvement in efficiency or capacity can be identified from the results?How could the ongoing use of a simulation tool like the one in this exercise benefit the bank?Identify a business that where you have frequently observed inefficiencies or lack of capacity. What did you observe? How could that business benefit from a simulation tool like the one used in this exercise? Identify the direct object in the following sentence.That duet usually sings familiar folk songs.A)duetB)folkC)familiarD)songs kiran is spending $12 on games and rides at a carnival where a game costs $0.25 and a ride cots $1. Which graph represents the relationship between the quantities in this situation? Write 0.072 as a fraction. Scenario: On August 1st, Tiffany had a balance of $1237.16 in her checking account. On August 9th shereceived her paycheck through direct deposit. Tiffany's paycheck amount was $722.84. On August 11thTiffany's bank also charged her a service fee of $16.50 then she purchased a blouse for $37.33 the nextday and used her debit card. On August 15th Tiffany wrote a check for $278.77 for her car payment andon August 16th deposited a check for $110.13 that she received from a friend.What was Tiffany's account balance on the following dates:A. August 9thB. August 11thC. August 12thD. August 15thE. August 17th What is the function of a nerve cell in a multicellular organism? A. carry and transmit signals B. produce and manage movement C. make and move protein D. store and distribute oxygen "Day-O" (The Banana Boat Song), Jamaican folk song When singing "Day-O" you may shout at the "X" in measures 10 and 12. Mutineers rebelled and ended the La Salle expedition.a.People who stage a revolt against authority.b.A group of people who leave their country to form a new settlement in a foreign land.c.People who attack foreign ships.d.A group of hostile Native Americans. Read the passage.During the spelling test, Adrian sees his friend Malcolm cheating. Adrian knows this is wrong. His first thought is to say something to the teacher, but Malcolm is one of Adrians few friends. If he tells the teacher, it could end their friendship. He decides to think about the situation before saying anything.What type of conflict do the details in this passage most reveal? You may need to use the appropriate appendix table or technology to answer this question.Lori Jeffrey is a successful sales representative for a major publisher of college textbooks. Historically, Lori obtains a book adoption on 25% of her sales calls. Viewing her sales calls for one month as a sample of all possible sales calls, assume that a statistical analysis of the data yields a standard error of the proportion of 0.0625.(a)How large was the sample used in this analysis? That is, how many sales calls did Lori make during the month?sales calls(b)Letpindicate the sample proportion of book adoptions obtained during the month. Show the sampling distribution ofp.A bell-shaped curve is above a horizontal axis labeled p.In order of left to right, the ticks on the horizontal axis are labeled: 0.0625, 0, 0.0625, 0.125, 0.1875.The curve enters the viewing window near 0.0625 just above the horizontal axis and travels up to the right to a maximum near 0.0625.After reaching the maximum, the curve then travels down and to the right until it leaves the viewing window at the same height it entered near 0.1875.A bell-shaped curve is above a horizontal axis labeled p.In order of left to right, the ticks on the horizontal axis are labeled: 1.75, 0.75, 0.25, 1.25, 2.25.The curve enters the viewing window near 1.75 just above the horizontal axis and travels up to the right to a maximum near 0.25.After reaching the maximum, the curve then travels down and to the right until it leaves the viewing window at the same height it entered near 2.25.A bell-shaped curve is above a horizontal axis labeled p.In order of left to right, the ticks on the horizontal axis are labeled: 0.125, 0.1875, 0.25, 0.3125, 0.375.The curve enters the viewing window near 0.125 just above the horizontal axis and travels up to the right to a maximum near 0.25.After reaching the maximum, the curve then travels down and to the right until it leaves the viewing window at the same height it entered near 0.375.A bell-shaped curve is above a horizontal axis labeled p.In order of left to right, the ticks on the horizontal axis are labeled: 0.125, 0.0625, 0, 0.0625, 0.125.The curve enters the viewing window near 0.125 just above the horizontal axis and travels up to the right to a maximum near 0.After reaching the maximum, the curve then travels down and to the right until it leaves the viewing window at the same height it entered near 0.125.(c)Using the sampling distribution ofp,compute the probability that Lori will obtain book adoptions on 15% or more of her sales calls during a one-month period. (Round your answer to four decimal places.) Describe one of these three experiments mentioned by Thaler: the cashews, the Professor and his wine, OR the tickets to the game during the snow storm. Who didn't act "rationally" in that scenario and what did Thaler mean by SIFs? Provide three scenarios in which the APA allows an Agency tobypass the 'normal' rulemaking process, and not publish a proposedrule. If one increased the discount rate, one would also need to decrease the cash flow if a constant present value were to be maintained. True FalseNo equity investor needs to understand valuation models 48 mins 30.1 The plant and machinery cost account of a company is shown below. The company's policy is to charge depreciation at 20% on the straight line basis, with proportionate depreciation in years of acquisition and disposal. PLANT AND MACHINERY - COST 20X5 $ 20X5 1 Jan Balance b/f 30 June Transfer disposal 280,000 48,000 S 14,000 1 Apr Cash 1 Sept Cash 31 Dec Balance c/f 36,000 364,000 350,000 364,000 What should be the depreciation charge for the year ended 31 December 20X5? O $67,000 $70,000 $64,200 $68,600