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NEW QUESTION: 1
Using a single step binomial model, calculate the delta of a call option where future stock prices can take the values $102 and $98, and the call option payoff is $1 if the price goes up, and zero if the price goes down.
To solve this question, we need to revisit how delta is calculated in a single step binomial model:
Consider a portfolio with just two positions: 1 Long Call option, and Short Stock. We do not know what (Delta) is.
Now if the current price of the stock is P, which can take the value P2 (higher value) and P1 (lower value) in the future at time T, then needs to be such that the value of the portfolio is equal in both the cases. If the price goes up, the value of the option will be $1 (given) and the value of the short stock will be - P2. If the price goes down, the value of the option will be $0, and the value of the stock will be - P1.
Therefore, $1 - P2 = $0 - P1.
Solving for , we get = $1 /(P2 - P1) = $1 / ($102-$98) = 1/4.
NEW QUESTION: 2
会社には、Azure Active Directory（Azure AD）テナントを含むAzureサブスクリプションがあります。
Azure ADには、会社の従業員用の500個のユーザーアカウントが含まれています。一部の臨時従業員はAzure ADにユーザーアカウントを持っていません。ビデオファイルとメタデータファイル用のストレージソリューションを設計しています。
C. Azure Active Directory
NEW QUESTION: 3
To ensure appropriate control of information processed in IT systems, security safeguards should be based PRIMARILY on:
A. established guidelines
B. efficient technical processing considerations
C. overall IT capacity and operational constraints
D. criteria consistent with classification levels
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