Adam Smith just purchased shares of​ AT&E at ​, and he has decided to write covered calls against these stocks. ​ Accordingly, he sells ​AT&E calls at their current market price of . The calls have 3 months to expiration and carry a strike price of . The stock pays a quarterly dividend of a share​ (the next dividend to be paid in about a​ month). a.  Determine the total profit and holding period return Adam will generate if the stock rises to a share by the expiration date on the calls. b. What happens to​ Adam's profit​ (and return) if the price of the stock rises to more than a​ share? c.  Does this covered call position offer any protection​ (or cushion) against a drop in the price of the​ stock? Explain.

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?