Ima Greedy, the CFO of Financial Saving Techniques Has Been

question 18

Multiple Choice

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(d₂) .

• A).5130
• B).5578
• C).6085
• D).7085
• E).7142

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Definitions:

Apples

Edible fruits produced by an apple tree, known for their sweet taste and crisp texture, often consumed fresh or used in various culinary dishes.

Oranges

Typically refers to the citrus fruit known for its sweet flavor, but in economic or business models, it could symbolize commodity goods.

Borda Count

A voting method in which voters order candidates by preference, with scores assigned based on position in order, determining the winner.

Rank

A position within a hierarchical structure that often indicates order of importance or authority.