If you buy a call option on a Birr 200,000 bond futures contract with an exercise price of 220 and the price of the Treasury bond is 222 at expiration, is the contract in the money, out of the money, or at the money? What is your profit or loss on the contract if the premium was Birr 3000?
You deposit $3000 into a bank account that compounds interest quarterly. If the APR is 2.5%, how much will you have in 5 years? Round to the nearest dollar, no commas. *
Consider the following series: 5 + 8 + 11 + 14 +...+164
1.1.1 Calculate the number of terms in the series. (3)
1.1.2 Calculate the sum of the series. (3)
1.1.3 Express the series in sigma notation.