call price  
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call price - he price at which the issuer of a callable security has the right to buy back that security from an investor or creditor

A man purchased 20 tickets for a total of $225. The tickets cost $15 for adults and $10 for children
A man purchased 20 tickets for a total of $225. The tickets cost $15 for adults and $10 for children. What was the cost of each ticket? Declare variables: [LIST] [*]Let a be the number of adult's tickets [*]Let c be the number of children's tickets [/LIST] Cost = Price * Quantity We're given two equations: [LIST=1] [*]a + c = 20 [*]15a + 10c = 225 [/LIST] Rearrange equation (1) in terms of a: [LIST=1] [*]a = 20 - c [*]15a + 10c = 225 [/LIST] Now that I have equation (1) in terms of a, we can substitute into equation (2) for a: 15(20 - c) + 10c = 225 Solve for [I]c[/I] in the equation 15(20 - c) + 10c = 225 We first need to simplify the expression removing parentheses Simplify 15(20 - c): Distribute the 15 to each term in (20-c) 15 * 20 = (15 * 20) = 300 15 * -c = (15 * -1)c = -15c Our Total expanded term is 300-15c Our updated term to work with is 300 - 15c + 10c = 225 We first need to simplify the expression removing parentheses Our updated term to work with is 300 - 15c + 10c = 225 [SIZE=5][B]Step 1: Group the c terms on the left hand side:[/B][/SIZE] (-15 + 10)c = -5c [SIZE=5][B]Step 2: Form modified equation[/B][/SIZE] -5c + 300 = + 225 [SIZE=5][B]Step 3: Group constants:[/B][/SIZE] We need to group our constants 300 and 225. To do that, we subtract 300 from both sides -5c + 300 - 300 = 225 - 300 [SIZE=5][B]Step 4: Cancel 300 on the left side:[/B][/SIZE] -5c = -75 [SIZE=5][B]Step 5: Divide each side of the equation by -5[/B][/SIZE] -5c/-5 = -75/-5 c = [B]15[/B] Recall from equation (1) that a = 20 - c. So we substitute c = 15 into this equation to solve for a: a = 20 - 15 a = [B]5[/B]

Calls-Puts-Option Δ
Free Calls-Puts-Option Δ Calculator - Calculates the call price, put price, and option Δ based on an option under the risk neutral scenario with a 1 year term.

Cox-Ross-Rubenstein Pricing
Free Cox-Ross-Rubenstein Pricing Calculator - Using the Cox-Ross-Rubenstein method, this calculates the call price and put price of an option.

Lamar had N record albums that he tried to sell at a garage sale for $5 each. If the number of recor
Lamar had N record albums that he tried to sell at a garage sale for $5 each. If the number of record albums he didn't sell is called Q, how much money did Lamar get from record album sales? Sales = Price * (Albums had - Albums sold) [B]Sales = 5(N - Q)[/B]