Consider the following binomial option pricing problem involving an american call. the call has two periods to go before expiring. current stock price is 30, and exercise price is 25. the risk-free rate is 0.05, the value of u is 1.15, and the value of d is o.90. the stock pays a dividend at the end of the first period at the rate of 0.06. find the value of the call.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?

Which of these is an example of innovation?