1. You own (are long) a call with an exercise price of 110 and a put at 125.

(Please include a table with at least 50 data points for the graph. Graph the value of your portfolio as a function of the relevant stock price. Graph for stock prices between 100 and 140.)

25. What type of order initiates a short position?

1. BTO
2. STO
3. BTC
4. STC

26. What type of order closes out an existing short position?

1. BTO
2. STO
3. BTC
4. STC

27.   What is the type of order where a pair of orders is entered and one is canceled when the other is filled?

1. OCO
2. IOC
3. AON
4. FOK

28. An order that is automatically canceled at the close of the trading day is a ______ order.

1. GTC
2. stop loss
3. stop limit
4. day

29. An order that is automatically renewed every trading day until it has been canceled is a ____ order.

1. GTC
2. stop loss
3. stop limit
4. day

30.   An IOC order is a ______________________?

1. limit order that needs to be filled immediately in its entirety
2. limit order that needs to be filled immediately for any portion
3. limit order that needs to be filled entirely at the soonest possible time
4. none of the above

31. An AON order is a _______________________?

1. limit order that needs to be filled immediately in its entirety
2. limit order that needs to be filled immediately for any portion
3. limit order that needs to be filled entirely at the soonest possible time
4. none of the above

32. A FOK order is a _________________________?

1. limit order that need to be filled immediately in its entirety
2. limit order that needs to be filled immediately for any portion
3. limit order that needs to be filled entirely at the soonest possible time
4. none of the above

33. A stop loss order is ________________.

1. placed above the market for a buy order
2. placed below the market for a sell order
3. becomes a market order when a specific price is traded at or through
4. all of the above

34. A stop limit order is ____________________.

1. placed above the market for a buy order
2. placed below the market for a sell order
3. becomes a limit order when a specific price is traded at or through
4. all of the above

35. Edward O. Thorp’s book developed a crude pricing methodology for __________.

1. writs
2. warrants
3. subpoenas
4. stays

36.   The first options pricing model was developed by ______________.

1. Merton & Scholes
2. Black & Scholes
3. Thorp & Black
4. Gilbert & Sullivan

37. The 1973 Nobel Prize was awarded to ________________.

1. Merton & Scholes
2. Black & Scholes
3. Thorp & Black
4. Gilbert & Sullivan

38. The first exchange to list options was the _______________.

1. NYSE
2. CME
3. AMEX
4. CBOE

39. One call option on equities represents _______________.

1. 1 share of long stock
2. 100 shares of long stock
3. 1 share of short stock
4. 100 shares of short stock

40. One put option on an ETF represents

1. 1 share of long etf
2. 100 shares of long etf
3. 1 share of short etf
4. 100 shares of short etf

41. One call option on futures represents

1. 1 long futures contract
2. 100 long futures contracts
3. 1 short futures contract
4. 100 short futures contracts

42. One put option on futures represents

1. 1 long futures contract
2. 100 long futures contracts
3. 1 short futures contract
4. 100 short futures contracts

43. When a trader buys 1,000 shares of stock and then sells 1,500 shares of the same stock they are

1. flat
2. net long 1,000 shares
3. net short 1,500 shares
4. net short 500 shares

44. When a trader shorts 2,000 shares of stock and then buys 3,000 shares of the same stock they are

1. flat
2. net long 1,000 shares
3. net short 1,500 shares
4. net short 500 shares

45. Options that can only be exercised at expiration are

1. Peruvian style options
2. British style options
3. European style options
4. American style options

46. Options that can be exercised at any time are

1. Peruvian style options
2. British style options
3. European style options
4. American style options

47. One advantage of American style options is

1. hearing the news first
2. that they don’t use the metric system
3. dividend plays
4. better stocks to trade on

48. A trader buys 2,000 shares of stock and then sells 2,000 shares of the same stock they are

1. flat
2. net long 2,000 shares
3. net short 2,000 shares
4. none of the above

49. An SOS order is a

1. discretionary order
2. contingency order
3. ballistic order
4. controversial order

This Homework would have two python files for a cheap online ticket seller. (You are free to imagine a new scenario and change any part of the question.)

The main purpose of the homework is to use basic concepts. You should try to use basic python elements like variables, if-else, loops, lists, dictionary, tuple, functions in this homework.

***

Price list to calculate the price for various destinations---

1. New York :

Price For Delta $ 200.00 (Economy), 300.00(Business), 400(First class)

United 220.00 (Economy), 330.00(Business), 410(First class)

Lufthansa 250.00(Economy), 340.00(Business), 410(First class)

American 260.00(Economy), 300.00(Business), 420(First class)

2. Los Angeles

Price for Delta $ 250.00(Economy), 300.00(Business), 400(First class)

United $270.00 (Economy), 300.00(Business), 400(First class)

Lufthansa $ 290.00, (Economy), 300.00(Business), 400(First class)

American $ 280.00(Economy), 300.00(Business), 400(First class)

3. Cleveland

Price for Delta $ 350.00(Economy), 410.00(Business), 500.00(First class),

United 360.00(Economy), 4200.00(Business), 510(First class),

Lufthansa 370.00(Economy), 440.00(Business), 530(First class),

American 370.00(Economy), 430.00(Business), 510(First class)

4. Las Vegas

Price For Delta $ 370.00(Economy), 410.00(Business), 520(First class),

United 380.00(Economy), 430.00(Business), 550(First class),

Lufthansa 390.00(Economy), 460.00(Business), 600.00(First class),

American 400.00(Economy), 470.00(Business), 590.00(First class)

For 6.00 AM and 11.00 AM flight, nothing to extra charge but 2.00 PM and & 7.00 flight has a $ 50.00 extra charge to book. However, the 11.00 PM flight has an extra charge of $ 70

***

1. Utilities – This file will calculate all calculations.
2. Application- This file will have the main application that imports the other two files and use the def main () function.

Output: Do you Want to buy a ticket?

Enter Option 1 for buy ticket 2 for no:

1. Start Calculation
2. Exit

How many people are you going to travel with? (Choose option Maximum 5):

1. One passenger
2. Two passengers
3. Three passengers
4. Four passengers
5. Five passengers

Choose your destination from the below options menu:

1. NEW YORK
2. LAS ANGELES
3. CLEVELAND
4. DALLAS
5. LAS VEGAS

What airline company do you want to travel with for destination:

Choose an option from the menu:

1. DELTA
2. UNITED
3. LUFTHANSA
4. AMERICAN

What class do you want to travel to? :

Choose an option from the menu:

1. FIRST CLASS
2. BUSINESS CLASS
3. ECONOMY

What time would you like to travel to a destination? :

Choose an option from the menu:

1. 6.00 AM
2. 11.00 AM
3. 2.00 PM
4. 7.00 PM
5. 11.PM

The total price for your travel ticket is:

Enter Option 1 for buy ticket 2 for no:

1. Start Calculation
2. Exit

Can someone convert this to C++ Please!

import java.util.*; // for Random
import java.util.Scanner; // for Scanner
class game{
   public static void main(String args[])
   {
       // generating a random number
       Random rand = new Random();
       int code = rand.nextInt(99999) + 1, chances = 1, help, turn, i,match, sum;
      
       // for input
       Scanner sc = new Scanner(System.in);
      
       // running for 10 times
       while(chances < 11)
       {
           System.out.print("\nYour chance number "+chances+" : ");
          
           // taking user input
           turn = sc.nextInt();
          
           // if the code matches, comes out of loop
           if(turn == code)
                   break;
           // code didn't match
           else
           {
               help = code;
               match = 0;
               sum = 0;
              
               // looping 5 times to check each digit
               for(i=0;i<5;i++)
               {
                   // Checking from last digit to first digit. So dividing by 10 each time.
                   // if digit is matched, adding it to sum and incrementing match variable by 1
                   if(help%10 == turn%10)
                   {
                       match++;
                       sum+=help%10;
                   }
                   help = help/10;
                   turn = turn/10;
               }
              
               // printing sum and match to guide player
               System.out.printf("\nNumber of digits matched: %d\nSum of them : %d\n", match, sum);
           }
           chances++;
       }
      
       // printing relavant message
       if(chances == 11)
       {
           System.out.println("\nYou lost! Code is "+code);
       }
       else
           System.out.println("\nCongratulations, you won!");
   }
}

Shrieves Casting Company is considering adding a new line to its product mix, and the capital

budgeting analysis is being conducted by Sidney Johnson, a recent business school graduate.

The production line would be set up in unused space in Shrieves's main plant. The machinery's

invoice price would be approximately $200,000, another $10,000 in shipping charges would be

required, and it would cost an additional $30,000 to install the equipment. The machinery has

an economic life of 4 years and would be in Class 8 with a CCA rate of 20%. The machinery is

expected to have a salvage value of $25,000 after 4 years of use.

     The new line would generate incremental sales of 1,250 units per year for 4 years

at an incremental cost of $100 per unit in the first year, excluding depreciation. Each

unit can be sold for $200 in the first year. The sales price and cost are both expected

to increase by 3% per year due to inflation. Furthermore, to handle the new line, the

firm's net operating working capital would have to increase by an amount equal to 12%

of sales revenues. The firm's tax rate is 28%, and its overall weighted average cost of

capital is 10%.

A) Assume that Sidney Johnson is confident of her estimates of all the variables that affect the project’s cash flows except unit sales and sales price. If product acceptance is poor, unit sales will be only 900 units a year and the unit price will be only $160; a strong consumer response will produce sales of 1,600 units and a unit price of $240. Johnson believes that there is a 25% chance of poor acceptance, a 25% chance of excellent acceptance, and a 50% chance of average acceptance (the best case).

1. What is scenario analysis?

2.What is the worst-case NPV? The best case NPV?

3.Use the worse-, base-, and best case NPVs and probabilities of occurrence to find the projects expect NPV, standard deviation, and coefficient of variation.

Sales Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick’s best-selling lines are the practice ball line (durable soccer balls for training and practice) and the match ball line (high-performance soccer balls used in games). In the first four months of next year, FlashKick expects to sell the following:

__________Practice Balls_______________________Match Balls

_____Units _______Selling Price __________Units ________Selling Price

January ____50,000 _____$8.25__________7,000 ___________$16.00

February ___58,000_____ $8.25_________ 7,500____________ $16.00

March_____ 80,000_____ $8.25________ 13,000____________ $16.00

April_____ 100,000_____ $8.25________ 18,000_____________ $16.00

Required:

1. Construct a sales budget for FlashKick for the first three months of the coming year. Show total sales for each product line by month and in total for the first quarter. If required, round your answers to the nearest cent.

FlashKick Company

Sales Budget For the

First Quarter of Next Year

________January __________February_______ March______ Quarter

Practice ball:

Units _________?___________?______________?____________?

Unit price _________$ _______$ _____________$____________ $

Sales ____________$ _______$ _____________$____________ $

Match ball:

Units________?__________?________?_______?

Unit price____ $ _________$ ________$ ______$

Sales_______ $ _________$ ________$______ $

Total sales __$__________ $________ $______ $

2. What if FlashKick added a third line—tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $45 each in January and February, and $48 each in March? Prepare a sales budget for FlashKick for the first three months of the coming year. Show total sales for each product line by month and in total for the first quarter. If required, round your answers to the nearest cent.

FlashKick Company

Sales Budget

For the First Quarter

_________January________ February______ March_______ Quarter

Practice ball:

Units______?__________?_________?__________?

Unit price __$__________$_________$ ________$

Sales _____$ _________$________ $__________ $

Match ball:

Units______?_________?_________?__________?

Unit price__ $ ________$ _________$_________ $

Sales _____$________ $_________ $________ $

Tournament ball:

Units______?________?__________?__________?

Unit price __$ _______$__________ $_________ $

Sales_____ $_______ $__________ $_________ $

Total sales___ $_____ $__________ $_________ $

Decide on a recommended Bull Call Spread or Bear Call Spread based on your 1 year stock price target. Calculate the expected outcome in 1 year assuming the stock attains your 1 year price target. Use 100 contracts for your option quantities.

Required Information:

Intrinsic Value = $323.52

Current Stock Price = $262.33

1 Year Stock Price Target = $327.62

A trader writes seven naked put option contracts, with each contract being on 100 shares. The option price is $5, the time to maturity is eight months, and the strike price is $35. 2 a) What is the margin requirement if the stock price is $41? b) How would the answer to a) change if the stock price were $30? c) How would the answer to a) change if the trader is buying instead of selling the options?

I WOULD HAVE SEPERATED THE QUESTIONS BUT UNFORTUNATELY ALL OF THESE QUESTIONS/PROBLEMS SEEMED TO BE RELATED WITH EACH OTHER.

Problem 1

Ambulance Services of America (ASA) operates a fleet of ambulances that make scheduled pickups and deliveries for its customers (nursing homes, hospitals, etc.) in the Pennsylvania area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system:

The distribution of resource consumption across the activity cost pools is as follows:

Required:

Complete the first-stage allocations of cost to activity cost pools as illustrated in Exhibit 6-6. (Hint: Complete the following table):

Problem 2

Ophthalmic Instruments and Supplies Corporation has supplied the following data for use in its activity-based costing system:

During the year, Ophthalmic Instruments and Supplies Corporation completed an order for a special optical medical instrument for a new customer, Valley Grande Hospital. This customer did not order any other products during the year. Data concerning the order follow:

Required:

1. Using Exhibit 6-6 as a guide, prepare a report showing the first-stage allocations of overhead cost to the activity pools. (Hint: Complete the following table):

2. Using Exhibit 6-7 as a guide, compute the activity rates for the activity cost pools. (Hint: Complete the following table):

3. Using Exhibit 6-10 as a guide, prepare a report showing the overhead costs for the order from Valley Grande Hospital, including customer support costs. (Hint: Complete the following table):

*0.5 DLH per unit x 100 units= 50 DLHs

4. Using Exhibit 6-12 as a guide, prepare a report showing the customer margin for Valley Grande Hospital. (Hint: Complete the following table):

Consider:

(a) Stock trades for $100;

(b) Calls with exercise prices of $90, $100, and $110 trade at prices of $17.78, $11.06, and $6.74 respectively.

If a person buys a $90 call and writes a $110 call, what is her profit if the stock price is 92.63 at maturity? The answer is 8.41, how do you solve this?