North Shore Railroad Operates Between Chicago and Upper Michigan and Wisconsin.Dallas

question 20

Essay

North Shore Railroad operates between Chicago and upper Michigan and Wisconsin.Dallas Ingold, purchasing manager of North Shore Railroad, anticipates the price of diesel fuel will increase over the next few months.On September 4th, Ingold purchased an out-of-the-money November call option for $1,100.The option has a notional amount of 80,000 barrels and a strike price of $2.16 per barrel.Diesel fuel spot rates and option values at selected dates follow:
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$\begin{array}{lrr}& \text { Spot Rate } & \text { Option } \\\text { Date } & \text { per Barrel } & \text { Value } \\\text { September } 30 & \$ 2.17 & \$ 1,130 \\\text { October } 31 & 2.13 & 1,026 \\\text { November } 27 & 2.19 & 2,400\end{array}$

a.For each of the above dates, calculate the intrinsic value and the time value of the option.?
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b.If the price of diesel fuel remained below $2.16 per barrel through November, calculate the effect on earnings traceable to the hedge.

Identify gender-specific concerns and challenges in seeking addictions counseling.

Recognize differences in addiction patterns between men and women.

Explore components of gender-sensitive addictions counseling.

Analyze psychiatric comorbidities associated with addiction in men and women.

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Definitions:

Quality Standards

Agreed-upon specifications set by regulatory agencies or by the industry to ensure products and services meet specific requirements and are reliable and safe.