✅ The correct answer is A.
In binomial approach of option pricing model, value of stock is subtracted from call option obligation value to calculate current value of portfolio. It is referred to as mark-to-market and involves multiplying the current share price of the stock by the number of shares owned and summing these values for a total portfolio value.
✅ The correct answer is A.
A bear speculator is also called as Manidiwala. A Bull is a stock market speculator who buys a holding in a stock in the expectation that in the very short-term it will rise in value whereupon they will sell the stock to make a quick profit on the transaction.
✅ The correct answer is A.
In time rate system the workers are paid on the basis of hourly daily, weekly rate. Under this method of wage payment, the workers are paid the wages on the basis of time. In this system of wage payment, the workers are paid the wages on the basis of time as, per hour, per day, per week, per fortnight or per month etc.
✅ The correct answer is C.
Excess capacity is not found under Perfect competition. Under perfect competition, each firm produces at the minimum point on its LAC curve and its horizontal demand curve is tangent to it at that point. Its output is ideal and there is no excess capacity in the long-run.
✅ The correct answer is D.
The key item for investors on the income statement is after-tax net income. Net income after taxes (NIAT) is simply the net income of a business less all taxes. It is the sum of all revenues minus all expenses, including cost of goods sold, depreciation, interest, and taxes.
✅ The correct answer is D.
After a Waiting period Pre-existing illnesses could be covered. Pre-existing diseases are those that exist at the time of taking a policy and are excluded from the cover during an initial waiting period.
✅ The correct answer is E.
Financial intermediaries exist because small investors cannot efficiently diversify their portfolios, gather all relevant information, assess credit risk of borrowers and advertise for needed investments.
✅ The correct answer is B.
Company who sells products to customer without demanding immediate payment but record it in balance sheet as account receivable. Accounts receivable is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.