Question 1.

Mike company is considering the purchase of five three-month Japanese yen call options with an exercise price of $0.0096 per yen. Each option contract is for 1,000,000 yens. The option premium is $0.000135 per yen. The spot price is $0.009528 per yen and the 90-day forward rate is $0.009571 per yen. What will be the speculator's profit if the yen appreciates to $0.0100 per yen at option expiration?

A speculator is considering the purchase of five three-month Japanese yen call options with an exercise price of $0.0096 per yen. Each option contract is for 1,000,000 yens. The option premium is $0.000135 per yen. The spot price is $0.009528 per yen and the 90-day forward rate is $0.009571 per yen. What will be the speculator's loss if the yen appreciates to $0.009571 per year?

2.

Determine the optimal strategy for the situation by representing it as a game and finding the saddle point. State your final answer in the terms of the original question.

A Republican and a Democratic candidate are running for office in a heavily Republican county. A recent newspaper poll comparing their views on taxes and welfare reform showed that when compared on taxes or on welfare reform, the Republican leads by 10%. When comparing the Democrat on welfare reform to the Republican on taxes, the Republican leads by 40%. But when comparing the Democrat on taxes to the Republican on welfare reform, the Republican leads by only 5%. Use this information to decide what each candidate should discuss at their next debate. (Let T represent taxes and W represent welfare reform)

My courses BUQU 1130: Business Mathematics (S12) & (823) Spring 2020/20 April-26 April / BUQU1130 Final - Tuesday QU 1130: Business Mathematics (S12) & (S23) ing 2020 12 1 out of You start to save for a major purchase. You can invest $500 every quarter at the end of each quarter for 10 years. You are able to earn 8% compounded semi-annually. What is the amount in your account after 10 years? Select one: a. $30 072.94 b. $20 072.94 c. $15 072.94 d. $10 072.94 e. $25 072.94 APR 21 ...