Fin 441
Homework # 1 (100 Points)
Do not use Excel Spreadsheet for homework. You must show calculations in
detail to earn credit. Homework must be typed with one-inch margin on all
sides.
1. Consider
Homework 4
1. A grain elevator operator bought futures contract for 5,000 kilograms of rice at $1.50 per
kilogram. The initial margin is $4,000 and the maintenance margin is $2,000
a.
b.
c.
d.
IM-MM =
FIN 441
Homework # 4 (200 points)
You must show appropriate equations (whenever applicable) and detailed
calculations to earn credit. Homework must be typed with one-inch margin
on all sides.
1.
A gra
Fin 441
Homework # 2 (100 Points)
Do not use Excel Spreadsheet for homework. You must show
calculations in detail to earn credit. Homework must be typed (except
binomial tree and table showing hedge)
NAME:
TICKER SYMBOL:
DEERE & CO
DE
PRIMARY SIC CODE:
3523
STOCK EXCHANGE:
11
CUSIP:
New York Stock Exchange
244199
STATEMENT OF FINANCIAL POSITION
Fiscal Year:
(FYR Ending):
2010
2011
(31OCT2010 )
(31
FIN 441
Homework #3 (100 points)
Show your work in a table like TABLE 5.2 to 5.4 in chapter 5 slides.
You must show calculations in detail to earn credit. Calculate T as
time to expiration in month(s)
HW #2 Solutions
1.
(a) 25(1.15) = 28.75 and 25(0.85) = 21.25
(b) Cu = Max (0, 28.75 25) = 3.75 and Cd = Max (0, 21.25 25) = 0
(c) p = (1.10 0.85)/(1.15 0.85) = 0.8333 and 1 p = 0.1667
C = [(0.8333)(3.