What Differences in the Danger Due to Volcanic Ash Would

question 1

Essay

What differences in the danger due to volcanic ash would you identify for a home near Mt. Vesuvius versus one near Mt. Rainier? Consider only the effects of volcanic ash falling some distance from the volcano in your answer.

---

Definitions:

Issue Value

The price at which a new issue of securities is offered for sale to the public or the nominal value of a security at the time of its issuance.

Zero

A numerical value representing nothing or the absence of any quantity.

American Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a specified asset at a certain price before the option expires.

Asset Price

The value at which an asset is bought or sold on the market.