Given: S = $55,X = $50,r = 5%,t = 4

question 48

Multiple Choice

Given: S = $55,X = $50,r = 5%,t = 4 months and σ = 20% calculate d₁ and d₂.

• A) -0.62334, -0.73881 respectively
• B) 1.0275, -0.4501 respectively
• C) -0.62334, -0.82334 respectively
• D) 1.0275, 0.9120 respectively

---

Definitions:

Machiavelli

Niccolò Machiavelli was an Italian diplomat, philosopher, and writer, often regarded as the father of modern political science. His most famous work, "The Prince," describes the arts and strategies of political power.

"The End Justifies the Means"

A moral principle stating that the outcomes of actions are the only criteria for judging their merits, regardless of the moral nature of the actions themselves.

Social Interactions

The exchanges between two or more individuals, shaping relationships and social structure through communication and actions.

Mutual Influence

The effect or impact that two or more entities have on each other.