George works at the springfield nuclear plant as a nuclear technician. the plant is located 15 miles from the town of springfield. george likes to take his lunch at the plant's cafeteria because he is required to be available for nuclear emergencies during his shift. unsurprisingly, there are no other eating establishments located near the plant. george estimates the value of the meals he was provided during the current year as $1,300. he estimates the cost for him to have prepared those lunches for himself as about $560. the cost of the meals to the power company was $470. how much income does george need to recognize from the meals?

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2