Equivalent units are calculated by

A) multiplying the percentage of work done by the equivalent units of output.
B) dividing physical units by the percentage of work done.
C) multiplying the percentage of work done by the physical units.
D) dividing equivalent units by the percentage of work done.

Cecilia Jeffries purchased an investment for $49090.75. From this investment she will receive $5000 annually for the next 20 years starting one year from now. What rate of interest will Cecilia be earning on her investment?

Which of the following is a true statement?

A) The actual value of a call option is greater than its intrinsic value prior to expiration.
B) The intrinsic value of a call option is always greater than its time value prior to expiration.
C) The intrinsic value of a call option is always positive prior to expiration.
D) The intrinsic value of a call option is greater than its actual value prior to expiration.