Both Suzanne and Carrie went to buy a new white shirt. Carrie bought hers at Macy's and paid $69. Suzanne bought a similar one at Target and paid $34.95. Carrie is convinced her shirt is much superior to Suzanne's because it is more expensive. Identify the psychological factor because of which Carrie buys a high-priced item. A. The use of odd pricing which made her feel like she got more for her money. B. The use of prestige pricing which means the high price was used to signal high quality.
C. The use of bundle pricing which stresses both value and convenience to Carrie and validates the high price of the shirt.
D. The use of price elasticity which determines Carrie's and Suzanne's price sensitivity.

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