Examlex
You own 10 put option contracts on JL Industrial stock. You paid an option premium of $.75 for a strike price of $26.25. On the option expiration date, the stock was selling for $25.15 a share. What is your percentage return?
Perfectly Competitive Firm
A perfectly competitive firm operates in a market where no single company can influence the price of its product, characterized by many sellers, homogeneous products, and free market entry and exit.
Horizontal Demand
A market situation where the demand curve is perfectly elastic, indicating that consumers are willing to purchase any quantity at a particular price.
Marginal Revenue
The additional income from selling one more unit of a good; sometimes equal to the price of the good.
Marginal Cost
The increase or decrease in the total cost that arises from producing one additional unit of a product or service.
Q6: You own a 6-month futures contract on
Q6: What is the beta of a
Q18: A low-rise apartment building in your town
Q30: Which of the following are related to
Q39: You own 1,800 shares of Textile stock,
Q51: A call option with 1 month to
Q57: Angie owns a portfolio which has an
Q76: The dirty price of a bond is
Q92: Which one of the following involves creating
Q93: A portfolio has a 4.0% chance of