Hedge ratios for long calls are always ________.

A) between −1 and 0
B) between 0 and 1
C) 1
D) greater than 1

Scandal fans associate themselves as Gladiators and feel a sense of belonging with other Gladiators.Which fandom characteristic is this an example of?

A) Emotional engagement.
B) Self-identification.
C) Cultural competence.
D) Auxiliary consumption.
E) Production.

To reduce transaction costs for shareholders is a valid reason for a reverse stock split.

Which of the following transactions will result in a decrease in cash flow from investments?

A) acquisition of another business
B) capital gain from sale of a subsidiary
C) decrease in net investments
D) sale of equipment

Payments for ordinary maintenance of an asset are called ________.

Suppose Ron is willing to pay $200 to see a professional basketball game and Felix is willing to pay $150. Assume the normal price of a ticket is $125. The local government decides to impose a $35/ticket surcharge to raise revenue, causing the ticket price to rise to $160.The resulting deadweight loss is

A) $75.
B) $25.
C) $35.
D) $150.