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Origin of Money The following questions are taken from the homework The Origin of Money. 2 points . Explain what Coincidence of Wants means and

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Origin of Money The following questions are taken from the homework "The Origin of Money." 2 points . Explain what "Coincidence of Wants means and how it can be solved using money. Give 2 reasons why people began using promissory notes or "IOU notes" over handling commodity money. . 2 points Pick one of the following two banking concepts: home mortgages or fractional reserve banking to discuss how they can make an economy more robust and active. 2 points Puts and Calls The following questions are taken from Tehray's guest lecture on options trading. Hint: Recall that options are traded in bundles of 100. Calculate the profits or losses for the following call option. A call option on NVDA with a strike price of $500 with a premium of $5. On the expiration date, NVDA is valued at $600. 2 points Calculate the profits or losses for the following put option. A put option on WFC with a strike price of $15 with a premium of $0.60. On the expiration date, WFC is valued at $16. 2 points Origin of Money The following questions are taken from the homework "The Origin of Money." 2 points . Explain what "Coincidence of Wants means and how it can be solved using money. Give 2 reasons why people began using promissory notes or "IOU notes" over handling commodity money. . 2 points Pick one of the following two banking concepts: home mortgages or fractional reserve banking to discuss how they can make an economy more robust and active. 2 points Puts and Calls The following questions are taken from Tehray's guest lecture on options trading. Hint: Recall that options are traded in bundles of 100. Calculate the profits or losses for the following call option. A call option on NVDA with a strike price of $500 with a premium of $5. On the expiration date, NVDA is valued at $600. 2 points Calculate the profits or losses for the following put option. A put option on WFC with a strike price of $15 with a premium of $0.60. On the expiration date, WFC is valued at $16. 2 points

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