Explain the following question in point form

a. What is the disparity amongst American and European options, and how are call and put options regarded early exercise in the United States? (3 points)

b. What is the difference between Alpha, Delta Neutral, and Delta Hedging? (3 points)

c. Using the examples you thought, explain Theta, Gamma, Vega, and Rho. (4 points)

d. Describe the Volatility Smile (2 marks)

e. Define the word "workers' compensation" and explain why it is so important. (3 points)

f. Identify and describe THREE workers' compensation goals. (9 points)

g. Outline the FOUR benefits that workers' compensation insurance provides. (12 points)

h. illustrate TWOfactors that favor self-insurance as a workers' compensation alternative. (6 points)

i) How can you tell the difference between book and market value? Which one can we use to make decisions?

j. Is there a distinction between accounting revenue and cash flow?

k. What's the difference between marginal and average tax rates?

L. How can we calculate a company's cash flows?

m. What exactly is CCA? What method is used to measure it?