A one-year call option contract on Cheesy Poofs Company stock sells for $1,400. In one year, the stock will be worth $45 or $65 per share. The exercise price on the call option is $60. What is the current value of the stock if the risk-free rate is 7 percent? Multiple Choice $101.98 $66.56 $112.07 $98.06 $94.13 On an average day, a company writes 57 checks worth a total of $6,400 that clear in 2.5 days. The company also collects 79 checks worth a total of $8,890 that clear in 2.25 days. What is the company's average disbursement float? Multiple Choice $11,113 $6,400 $8,890 $20,003 $16,000 Carter's Gym Supply currently has an operating cycle of 76.98 days. The company has a goal to increase its inventory turnover from 8.62 times to 9.94 times. What will the company's new operating cycle be if it can achieve this goal? Assume 365 days per year. Multiple Choice 34.64 days 40.26 days 76.98 days 71.36 days 82.60 days