Money

Cas 1 : La valeur intrinsèque du call est nulle à l’origine et le reste pendant la période d’exercice : cette hypothèse est vérifiée pour des calls très out-of-the-money dont on prévoit qu’ils resteront out-of-the-money durant toute leur durée de vie (monnaie anticipée à la baisse). C’est typiquement le cas des calls out-of-the-money sur des monnaies en déport, quel que soit E >S0 , ou sur des monnaies en report, lorsque E est plus élevé que le cours à terme. Le Résultat s’écrit alors : R = V0 –

plus conséquent, quand j’ai gagné pas mal dans la semaine ou quand ma bankroll « special bonus » (vous n’avez pas lu Les Secrets du Bonus Hunting ? Vous devriez : vous saurez comment je reçois 300$ par mois en plus. C’est ce que j’appelle du side-money, comme une prime, un plus) me le permet. Pourrais-je gagner plus en augmentant mon buy-in de tournoi ou en jouant des Cash-games à plus haute limite ? Très certainement… Mais ce faisant, j’augmente aussi ma variance et mes risques… et s’il y a quelque

performance – filmmaker – director (adj.) : glamorous – popular – glittering – fake – artificial (exp.) : in the public eye – in the limelight ● Le succès (n.) : success – fame – rise – fulfilment – achievement – celebrity (adj.) : successful – money-making – dominating – talented – gifted – well-known (v.) : manage (exp.) : succeed in life – climb (up) the social ladder – make it to the top BORDAS/SEJER – La photocopie non autorisée est un délit. ● ● Les goûts (adj.) : favourite

D Explanation for correct answer A call option is an option to buy at a specified price for a period of time. The higher the asset price, compared to when the option was written, the higher the value of the call (greater chance of being in the money or increasing with higher underlying asset appreciation) and the lower the value of the put option. The buyer of a put would benefit from falling underlying asset prices. Explanations for incorrect answers A. A call option holder benefits when

companies that issue shares on the stock-market are linked. Investors make decisions to buy shares, which are a capital contribution to companies. This is the major reason why companies go to the stock-market: to raise capital. Investors expect to make money in two ways, firstly from dividends which companies distribute to shareholders from their profits and secondly from an increase in the value of their shares. Thus the shares’ value is determined by investors according to the confidence they have in

against healthcare) - Incoherence / a waste of time and money! GW BUSH: Republican - A cost effective government (a cheap). - An “absent” administration. - No intervention in society (private initiative). - (“Neocons”) (“let business on its own”). - Very strange initiatives. - Subventions to insurance firms: “privatization of healthcare”) Private healthcare is interested in health people. - Take on poor people / disabled people: public money. - The companies didn’t “play ball”. OBAMA: The

common expectation. If they are ignored or abused their face by someone, they would resolve to be even for sure. • Sensitive Their Own Money Chinese people react very sensitively about their private loss and gain of money. They change attitude easily if something is related with their money. Also they make every contract on a document to avoid money loss and added responsibility so that we should refer to all kind of all small things on document. Change was being achieved mainly through

day? And the answer is, yes we can. Each of us spends money on things that we do not really need. You can think what your own habit is, whether it's a new car, a vacation or just something like buying bottled water when the water that comes out of the tap is perfectly safe to drink. You could take the money you're spending on those unnecessary things and give it to this organization, the Against Malaria Foundation, which would take the money you had given and use it to buy nets like this one to protect

fancy marketing people of the moment but it didn’t work. Why did they really want to invest in marketing if they will have to find the money then or cut the half of what they won? Marketing wasn’t a priority for Google and still not be. Moreover, still on the marketing point. Google decided to avoid ad banners which would permit them to generate a lot of money but Brin and Page didn’t want to work like every company, and especially do the same mistakes. So they invented the concept of “text ad”

are the first couple to achieve marriage in this novel. But for both of them, it is not out of love but out of calculation. Charlotte could very well become an old maid, living in with one of her younger brothers. She’s plain-looking, doesn’t have money to bring into a marriage, but is pragmatic and logical: her marriage has as much chance of being a ‘happy’ one as any other one, as she says so herself (p. 99-101). She figures out how to live with the absurd husband she has, and manages to achieve