Consider the following information on options from the CBOE for Merck: MRK 41.95 +0.53 Oct 06,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Consider the following information on options from the CBOE for Merck: MRK 41.95 +0.53 Oct 06, 2006 e 14:40 ET (Data 20 Minutes Delayed) Bid NA Ask NA Size NAN/A Vol 6650300 Last Sale Open Ask Vol Int Last Sale Net Bid Ask Vol Int Open Calls Net Bid Puts 09 Jan 25.00 (VMK AE-E) 17.10-0.30 17.30 17.50 21 214 09 Jan 25.00 (VMK ME-E) 0.80 09 Jan 30.00 (VMK AF-E) 13.40 pc 0.60 0.80 0 319 pc 13.20 13.40 0 417 09 Jan 30.00 (VMK MF-E) 1.40+0.20 1.15 1.40 25 pc 9.60 10.00 0 591 09 Jan 35.00 (VMK MG-E) 2.35 63 pc 2.15 2.35 01173 pc 3.70 3.90 07174 pc 5.90 6.20 O 5513 09 Jan 35.00 (VMK AG-E) 9.20 09 Jan 40.00 (VMK AH-E) 6.50 +0.30 6.50 6.80 2 8422 09 Jan 40.00 (VMK MH-E) 3.60 pc 4.20 4.50 0 6123 09 Jan 45.00 (VMK MI-E) 6.40 pc 2.35 2.75 0 4509 09 Jan 50.00 (VMK MJ-E) 9.30 09 Jan 45.00 (VMK AI-E) 4.20 po9.00 9.60 0 982 09 Jan 50.00 (VMK AJ-E) 2.80 How many of the January 2009 call options are in-the-money? O A. 3 ов. 2 C. 0 O D. 4 O E. 1 O O Consider the following information on options from the CBOE for Merck: MRK 41.95 +0.53 Oct 06, 2006 e 14:40 ET (Data 20 Minutes Delayed) Bid NA Ask NA Size NAN/A Vol 6650300 Last Sale Open Ask Vol Int Last Sale Net Bid Ask Vol Int Open Calls Net Bid Puts 09 Jan 25.00 (VMK AE-E) 17.10-0.30 17.30 17.50 21 214 09 Jan 25.00 (VMK ME-E) 0.80 09 Jan 30.00 (VMK AF-E) 13.40 pc 0.60 0.80 0 319 pc 13.20 13.40 0 417 09 Jan 30.00 (VMK MF-E) 1.40+0.20 1.15 1.40 25 pc 9.60 10.00 0 591 09 Jan 35.00 (VMK MG-E) 2.35 63 pc 2.15 2.35 01173 pc 3.70 3.90 07174 pc 5.90 6.20 O 5513 09 Jan 35.00 (VMK AG-E) 9.20 09 Jan 40.00 (VMK AH-E) 6.50 +0.30 6.50 6.80 2 8422 09 Jan 40.00 (VMK MH-E) 3.60 pc 4.20 4.50 0 6123 09 Jan 45.00 (VMK MI-E) 6.40 pc 2.35 2.75 0 4509 09 Jan 50.00 (VMK MJ-E) 9.30 09 Jan 45.00 (VMK AI-E) 4.20 po9.00 9.60 0 982 09 Jan 50.00 (VMK AJ-E) 2.80 How many of the January 2009 call options are in-the-money? O A. 3 ов. 2 C. 0 O D. 4 O E. 1 O O
Expert Answer:
Answer rating: 100% (QA)
4 call options are in the money with strike prices 25 30 35 ... View the full answer
Related Book For
Essentials of corporate finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
Posted Date:
Students also viewed these accounting questions
-
Consider the following information on a portfolio of three stocks; (a) If your portfolio is invested 40 percent each in A and B and 20 percent in C, what is the portfolios expected return? The...
-
Consider the following information on Stock I and II: The market risk premium is 12 percent, and the risk-free rate is 4 percent. Which stock has the most systematic risk? Which one has the most...
-
Consider the following information on three stocks: a. If your portfolio is invested 30 percent each in A and B and 40 percent in C, what is the portfolio expected return? The variance? The standard...
-
Bob drives off in Freds car mistakenly believing that it is his. Is this theft? Explain.
-
You win a judgment in an auto accident for $100,000. You immediately receive $25,000 but must pay your lawyer's fee of $15,000. In addition, you will receive $2,500 a year for 20 years for a total of...
-
Jaye purchased a building for $100,000. After deducting depreciation of $12,000 through the date of sale, Jaye sells the building for $120,000. What is Jayes adjusted basis for computing realized...
-
If the 60-mm diameter shaft is subjected to an axial force of 5 kN, determine the average shear stress developed in the shear plane where the collar A and shaft are connected. 5 kN 60 mm 100 mm 2.5...
-
Davis Inc. reported the following information for equipment: In addition, Davis sold equipment costing $12,500 with accumulated depreciation of $8,150 for $3,800 cash, producing a $550 loss. Davis...
-
Consider flow between two large parallel plates. Fluid is placed between two plates separated by a distance of 8. The upper plate at temperature T2 moves at velocity U while the lower plate at...
-
Suppose that an intermediary faces a certain number of buyers and sell- ers. The intermediary sets usage prices P, and P, to be paid, respectively, by sellers and buyers whenever there is an...
-
A number, x, is 3 when rounded to one significant figure. It is 2.9 when rounded to two significant figures. It is 2.90 when rounded to three significant figures. State the smallest possible value of...
-
Given the following code snippet, what changes should be made for the JVM to correctly process this as a concurrent reduction? (Choose two.) A. Replace HashSet with LinkedHashSet. B. Mark the stream...
-
What is true of the following? (Choose two.) A. The output is 2 bark. B. The output is 2 meow. C. The output is 4 bark. D. The output is 4 meow. E. If "meow" was replaced by a null reference, the...
-
What does the following output? A. [tire-][wheel-] B. tire-wheelC. [wheel-][tire-] D. wheel-tireE. None of the above. F. The code does not compile. 12: Set set = new HashSet (); 13: set.add("tire-");...
-
Which can fill in the blank to have the code print true? A. anyMatch B. allMatch C. noneMatch D. None of the above. var stream Stream. iterate(1, i > i+1); -> var b = stream.__(i -> i > 5);...
-
Fill in the blanks so that both methods produce the same output for all inputs. A. isNotNull, isPresent B. ifPresent, isPresent C. isPresent, forEach D. isPresent, ifPresent E. None of the above....
-
A particle of mass m= 0.1 kg moves with velocity v= 2 m/s along the negative direction of the y-axis. It impacts a disk of mass m = 0.4 kg and radius r = 0.2 m, which is stationary. After the...
-
Discrete sample spaces: suppose there are N cable cars in San Francisco, numbered sequentially from 1 to N. You see a cable car at random; it is numbered 203. You wish to estimate N. (See Goodman,...
-
You're prepared to make monthly payments of $250, beginning at the end of this month, into an account that pays 10 percent interest compounded monthly. How many payments will you have made when your...
-
For the firm in Problem, suppose the book value of the debt issue is $60 million. In addition, the company has a second debt issue, a zero coupon bond with 20 years left to maturity; the book value...
-
What is the future value of $1,280 in 13 years assuming an interest rate of 11 percent compounded semiannually?
-
For a 2000-line encoder sampled at 5 kHz, what is the speed resolution absent filtering?
-
a. What are the two advantages of resolvers over encoders? b. What are the two advantages of encoders over resolvers?
-
What servo drive configuration is the least intelligent? And the most intelligent?
Study smarter with the SolutionInn App