You are holding call options on a stock. The stock’s beta is 0.74, and you are concerned that the stock market is about to fall. The stock is currently selling for $15 and you hold 1 million options (i. e., you hold 10,000 contracts for 100 shares each). The option delta is 0.78. How much of the market-index portfolio must you buy or sell to hedge your market exposure? (Enter your answer in dollar not in millions.)

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

What are two benefits of consumer programs

Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points