[单项选择]George Mote owns stock in IBM currently valued at $112 per share. Mote writes a call option on IBM with an exercise price of $120. The call option is sold for $1.80. At expiration, the price of IBM is $115. What is Mote’s profit (or loss) from his covered call strategy Mote:

[单项选择]An investor owns a stock portfolio that closely follows the Standard & Poor’s 500 Index (S&P500). He purchases one S&P500 stock index put option. The investor’s position is now portfolio insurance with the following characteristics: Portfolio position: LONG S&P500 Portfolio purchase price: 1427.21 Option position: LONG 1 put option Underlying asset: S&P 500 Index Exercise price : 1225 Premium : 3 Expiration date : November If the expiration-day price of S&P500 were 1200, then the expiration-day profit/loss for the portfolio insurance would be:

[单项选择]James Jackson currently owns stock in PNG, Inc. , valued at $145 per share. Thinking that PNG is overbought and will decrease in price soon, Jackson writes a call option on PNG with an exercise price of $148 for a premium of $2.40. At expiration of the option, PNG stock is valued at $152 per share. What is the profit or loss from Jackson’s covered call strategy Jackson :

[单项选择]James Jackson currently owns stock in PNG, Inc., valued at $145 per share. Thinking that PNG is overbought and will decrease in price soon, Jackson writes a call option on PNG with an exercise price of $148 for a premium of $ 2. 40. At expiration of the option, PNG stock is valued at $152 per share. What is the profit or loss from Jackson’s covered call strategy Jackson:（）
A. gained $ 9.40.
B. gained $ 5.40.
C. lost $ 4.60.

[单项选择]Who owns the mobile communications operations
A. The government.
B. Telekom.
C. Suppliers in a joint venture with Telekom.

[简答题]finite stock

[简答题]stock raising

[单项选择]Roger Hickstead owns 100 shares of Cole Corporation stock with a current market value of $45 per share. Consensus stock price estimates from the leading industry analysts predict the price of Cole will fall to $35 per share in the next five months. What type of derivative strategy should Hiekstead employ if he is not willing to lose more than $10（　）
A. Buy a put with a strike price of $37 and a premium of $2. 
B. Buy a covered call with a strike price of $37 and a premium of $2.
C. Buy an uncovered call with a strike price of $37 and a premium of $2.

[填空题]
Participants in the stock market range from small individual stock investors to large hedge fund traders, who can be based anywhere. Their orders usually end up with a professional at a stock exchange, who executes the order of buying or selling.
(9) thus providing a marketplace (virtual or real). The exchanges provide real-time trading information on the listed securities, facilitating price discovery.
Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction is used in stock exchanges and commodity exchanges where traders may enter "verbal" bids and offers simultaneously. (10) composed of a network of computers where trades are made electronically via traders.
Actual trades are based on an auction market model where a potential buyer bids a specific price for a stock and a potential s

[单项选择]What should not be valued after one is 40
A. The ability to work long hours.
B. Judgment.
C. Professional skills.
D. Experience.

[单项选择]Philip Morris, the conglomerate that owns Kraft Foods but is probably best known for its cigarettes and costly tobacco, litigation, recently decided to change its name to Altria to reflect the diversity of the company’s brands. And Enron, which is in the process of moving its core energy assets out from under the bankruptcy and into a separate company, is looking for a new name for that entity.
The recent name changes highlight the importance for companies of choosing a moniker that is relevant and authoritative while still being catchy an appealing to consumers, say marketing experts. A rose by any other name might smell as sweet, but if a company chooses a name that does not work, the stench can hover for quite some time.
Companies often decide to change their names in an effort to rebrand themselves after a merge or a spin off. For instance, Andersen Consulting changed its name to Accenture shortly after that firm split from parent Arthur Andersen—a move that turned out to
A. Enron changed its name because of its ill reputation after a scandal.
B. "Philip Morris" was replaced by "Altria" because this company had to employ a new name to rebrand the various productions.
C. The U.K. Post Office’s strategy to change its name came to nothing at last.
D. PWC Consulting’s terrific new Monday title absolutely reflects most people’s thoughts.