Mr. jones purchases a canadian dollar september 85 call option for a premium of .82. at what price (spot

4 answers
Question:

Mr. jones purchases a canadian dollar september 85 call option for a premium of .82. at what price (spot rate) would the canadian dollar need to be trading in order for mr. jones to exercise the option and break even? (assume 10,000 canadian dollars per contract.)

Answers

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

Ithink it is a i’m not for sure

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

This seems to be true.

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