III. (15 marks) A month ago, when AAPL was trading at $132.20/share you thought that AAPL would make a big move either up or down, so you created an option “long straddle” by: buying 100 put options with a strike price of $132.00 when the option was quoted at $1.37 buying 100 call options with a strike price of $132.00 when the option was quoted at $2.45 The options expire today when the value of AAPL stock is now $142.90. Ignoring other trading costs and taxes, what is the net profit or loss on this straddle trade? 

Suppose you invest 30% of your portfolio in Stock ABC and the remainder in Stock XYZ. The expected dollar return on your ABC is 8.0% and on XYZ is 15.0%. Furthermore, the standard deviation of returns was 15% for ABC and 30.0% for XYZ. Assume a correlation coefficient of 0.8 and calculate (a) expected portfolio return, and (b) the portfolio variance and standard deviation. Show your work.

According to First 1,000 day report: The US is the only major economy in the world without a national policy guaranteeing paid time off to take careof their baby.

When did Women, Infants and Children (WIC) program start?

Suppose you invest 60% of your portfolio in Stock ABC and the remainder in Stock XYZ. The expected dollar return on your ABC is 8.0% and on XYZ is 12.0%. Furthermore, the standard deviation of returns was 15% for ABC and 30.0% for XYZ. Assume a correlation coefficient of 0.5 and calculate (a) expected portfolio return, and (b) the portfolio variance and standard deviation. Show your work.

Substances found in plants that are not considered essential but that play important roles in maintaining health and well-being are called:

True or False? Women with a past or current eating disorder are more likely to report having unplanned pregnancies.

The total market value of the common stock of the Acme Company is $100 million, and the total value of its debt is $50 million. The treasurer estimates that the beta of the stock is currently 1.1 and that the expected risk premium on the market is 8%. The Treasury bill rate is 3%. The company tax rate is 20%.  Assume for simplicity that Acme debt is risk-free.   The company plans a project to expand their factory capacity to produce more of their current product to meet projected growth in market demand: the project will cost $10 million and produce net cash flows of $5 million for the next 4 years.   Estimate the net present value of the proposed project. Show your work.

Fetal exposure to what nutrients in excess may contribute to enhanced cardiometabolic risk later in life?

The total market value of the common stock of the Acme Company is $100 million, and the total value of its debt is $50 million. The treasurer estimates that the beta of the stock is currently 1.5 and that the expected risk premium on the market is 6%. The Treasury bill rate is 3%. The company tax rate is 20%.  Assume for simplicity that Acme debt is risk-free.   The company plans a project to expand their factory capacity to produce more of their current product to meet projected growth in market demand: the project will cost $15 million and produce net cash flows of $7 million for the next 4 years.   Estimate the net present value of the proposed project. Show your work.