Hailey’s parents demand strict obedience; “backtalk” is not…
Hailey’s parents demand strict obedience; “backtalk” is not tolerated. Isabella’s parents are firm as well, but they are more likely to reason with her and explain the consequences of her behavior. In terms of the parenting styles, Diana Baumrind would describe Hailey’s parents as , and Isabella’s parents as .
Read DetailsInvestors are convinced that, next year, the price of a stoc…
Investors are convinced that, next year, the price of a stock will either go up or down; they disagree on the volatility of the price. The current spot price is $70.00 and volatility will either be high or low. If volatility is high, the price will either increase or decrease by $20.75. If volatility is low, the price will either increase or decrease by $5.00. If the increase or decrease in the price can occur with equal probability, how much more is an at-the-money put expected to (gross) payoff when volatility is high rather than low?
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