An investor writes an XYZ December 75 call for $8. XYZ increases to 86 just...

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An investor writes an XYZ December 75 call for $8. XYZ increases to 86 just prior to expiration and the call is exercised. The investor does not own XYZ stock. What is the investor's gain or loss? Multiple Choice O $1,300 loss $300 loss $1300 gain $300 gain You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $5,100,000, and it would be depreciated straight-line to zero over five years. Because of radiation contamination, it actually will be completely valueless in five years. You can lease it for $1,270,000 per year for five years. Assume that the tax rate is 21 percent. You can borrow at 8 percent before taxes What is the NAL of the lease? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NAL Should you lease or buy? O Lease O Buy

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