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Ima Greedy, the CFO of Financial Saving Techniques has been granted options on 200,000 shares. The stock is currently trading at $22 a share and the options are at the money. The variance of the stock has been about .07 on an annual basis over the last several years. The options mature in 3 years and the risk free rate is 4%.
-Calculate N(d1) .
Controllable Costs
Expenses that a manager or business unit has the authority to influence or change in the short term.
Product Costs
Costs that are directly associated with the manufacturing of goods including materials, labor, and overhead.
Administrative Costs
Expenses related to the management and general operations of a business, including salaries of senior executives, legal and accounting services.
Period Costs
Expenses that are not directly tied to the production of goods and are instead charged to the time period in which they are incurred.
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