The correct option is d, Impossible to tell. The total stock volatility is higher when beta an is higher. As beta rises, so does the put option's value.
What is the greater value of a put option on a high beta stock?The total stock volatility is higher when beta an is higher. As beta rises, so does the put option's value.The total of an option's intrinsic and time values makes up the premiums, which constitute the price of the option. Between the current stock price and the strike price, there is a price differential known as intrinsic value. The amount of premium over an option's inherent value is known as the time value of an option or extrinsic value of an option.Your ability to sell the underlying asset for more money depends on the put option's strike price. This increases the value of the put option and makes it more desirable to option holders.To learn more about Total stock volatility refer to:
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Read the "Great Leaders Worldwide" example on p. 547 in Ch. 14 of Management: A Practical Introduction. In your response:
- Consider someone you view as a great leader. Assess the traits and interpersonal attributes that cause you to view the person as a great leader.
- Reflect on the traits and leadership style of a male leader and those of a female leader with whom you have worked. Describe any key differences between their approaches to leadership and their male and female counterparts.
- Describe a time you saw someone display behaviors that would be consistent with the "dark side" traits of narcissism, Machiavellianism, and/or psychopathy. To what extent did those traits help or hinder the person’s career success?
The majority of us want to think of ourselves as innovators, and in business we generally demonstrate these qualities whether we are leading a meeting, hoping to surprise the boss, or just finishing tasks.
What would a good definition of leadership be?
"The action of becoming the leader of a group or an organization." This is how the Oxford Dictionary defines leadership. Simply said, being a leader entails taking risks and challenging the status quo.
Why is leadership so crucial?
Leadership is vital to improving the culture because it educates, inspires, and sets a precedent for others to emulate. A vision, a strategy, and a good working relationship with the team are essential for a leader. As a consequence, they make it possible for people to work together to achieve amazing things.
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In a supply and demand chart for a public good, which of the following equates to a marginal-benefit curve?
In a supply and demand chart for a public good willingness to pay the curve equates to a marginal-benefit curve.
What is the marginal benefit curve?
The marginal benefit curve is a graphical representation of the additional benefits derived from consuming one additional unit of a good or service. This curve is used to measure the consumer’s willingness to pay for a good or service. The marginal benefit of a good or service is the maximum amount the consumer is willing to pay for one additional unit of the goods or service. The marginal benefit curve is downward sloping, as the consumer’s willingness to pay for a good or service typically declines as more units are consumed.
The market demand curve for public goods gives the price society is willing to pay for a given quantity which shows how much an individual is willing to pay for the goods or service in different quantities. It is equal to the marginal benefit curve. It provides the marginal benefit of an additional unit of the goods to the consumer, which is then reflected on the supply and demand chart.
Therefore, the marginal-benefit curve of a public good is equal to the willingness to pay the curve.
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Which of the following statements about the master budget is not true?
-it is a series of budgets
-the first budget is the production budget
-merchandising firms have a purchases budget
-manufacturing firms have budgets for material, labor, and overhead.
-one of the last budgets is the cash budget.
The statement that perhaps the original budget is indeed the manufacturing budget is false.
What is the short definition of a budget?A budget is a financial plan that anticipates future income and expenses. Simply said, a budget projects future spending, savings, as well as projected income and costs. A budget is, to put it simply, a bill that takes into account both current and upcoming sources of revenue plus expenses.
What are the three different sorts of budgets?The three different types of budgets include cash flow, budget deficit, and deficit financial plans. A disclosure accounting that outlines revenue and expenses for a specific year is the state budget. By guaranteeing that you don't spend more of it than you make, a consumption means you to plan for both immediate and long-term needs.
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Sven Svenson and Linn Linnson are a Finnish couple looking to get married in Thailand this year. Sven works for a currency trading company in Finland, where one of his colleagues, Bjorn Bjornson, specializes in trading South East Asian currencies, including the Thai Baht. Bjorn gives Sven his predictions of changes in exchange rates and price levels for Finland and Thailand over the next six months. Assume that the cost of the wedding is reflective of the general price level.Predicted Exchange Rate Predicted Indices of the Price Level Date Baht to Euro Jan Feb Mar Apr May JunJanuary 40 Finland 100 100 100 100 100 100February 32 Thailand 100 80 122 82 148 98 48 March 48 April 36May 52June 42Based on Bjorn's predictions, if Sven and Linn want to minimize their expenses, when would be the best time for them to get married? How much less expensive would the couple's wedding be if they got married in the least expensive month versus the most expensive month? Please give your answer to the nearest whole percentage. Incorrect Number You need to calculate the real exchange rate for each month the exchange rate adjusted for the difference in the aggregate price level
As per the given expenses, if they got married in last month, then they will save 3.4%
The term expenses refers a cost that businesses incur in running their operations. Expenses include wages, salaries, maintenance, rent, and depreciation.
Here we have given that Sven Svenson and Linn Linnson are a Finnish couple looking to get married in Thailand this year.
And we need find how much less expensive would the couple's wedding be if they got married in the least expensive month versus the most expensive month.
Here we have identified that the expense in Thailand as total,
=> 100 + 80 + 122 + 82 + 148 + 98 + 48
=> 678
Similarly, the expense total in Finland is
=> 100 + 100 + 100 + 100 + 100 + 100 + 100
=> 700
Therefore, the difference between these is calculated as,
=> 700 - 678
=> 22
When we calculate the percentage then we get,
=> 22/700 x 100
=> 0.0314 x 100
=> 3.4%
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the sales quantity variance is the same as the sales activity variance on a flexible budget performance report. TRUE OR FALSE
False. The sales quantity variance and the sales activity variance are two different variances that are calculated and reported on a flexible budget performance report.
What is meant by the sales quantity variance?The sales quantity variance is the difference between the budgeted sales volume for a given period and the actual sales volume for that period, multiplied by the budgeted contribution margin per unit. This variance measures the impact on profit of selling more or fewer units than expected.
What is meant by sales activity variance?The sales activity variance, on the other hand, is the difference between the budgeted profit for a given period and the actual profit for that period, after taking into account the impact of the sales quantity variance. The sales activity variance measures the impact on profit of changes in sales mix, price, and efficiency.
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closed-loop supply chains are:multiple choiceare a strategic, cross-functional initiative.are a strategic, cross-functional initiative and require the cooperation of suppliers.are a strategic, cross-functional initiative, require the cooperation of suppliers and require reverse logistics capabilities.
Note that closed-loop supply chains are: " a strategic, cross-functional initiative, require the cooperation of suppliers and require reverse logistics capabilities." (Option D)
Why are closed-loop supply chains important?A closed-loop supply chain may assist a company in becoming more environmentally friendly by cutting manufacturing costs, reducing waste, improving service delivery, increasing customer loyalty, and minimizing environmental pollution.
Modern supply chains assist to raise living standards by allowing people to purchase necessary goods at cheaper prices. This is due to the fact that an efficient supply chain speeds the process of bringing items to market and, eventually, to customers.
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cause marketing is when a visual merchandiser uses theatrical fantasy in their window display to create drama.
Displaying products inside a classic store window is a highly organized form of theatrical retail staging.
What distinguishes window display from visual merchandising?The role of a visual merchandiser goes beyond window dressing. Visual merchandising arranges the design at a clothes store such that customers want to make purchases. Simply getting a potential consumer into the store is all that the window display merchandiser needs to do.
What does visual merchandising mean by display?Display * is the term used to describe the aesthetic and visual elements of displaying a product to a target market of consumers. Contrarily, visual merchandising covers all aspects of the corporate environment that are artistic and visually appealing. display. The presentation's artistic and visual components.
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A cost is determined for each period, based on when the activities that make up the work package are scheduled to be performed, to create...
a. the time-phased budget.
b. an example budget.
c. an adjusted budget
d. the actual costs of the project.
Based on the times that the tasks that make up the work package are planned to be completed, a cost is calculated for each period and is stated below.
What is the blank's answer?The time-phased budget is created by calculating a cost for each period based on the times that the tasks that comprise the work package are expected to be finished.
What does time-phased budget mean?You can plan where to spend money in the months of the project's active fiscal cycle using a time-phased budget. To plan out your budget cost per cost item, you should be able to time phase your budget. Your spending is being distributed throughout the project for each cost item.
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g when people are in financial difficulty an advisor will usually recommend establishing a budget for spending. one reason is that a budget will act to discipline behavior if people psychologically are subject to . question 13 options: bounded rationality mental accounts segregated gains the halo effect
The subject of behavioral finance is concerned with how psychological factors can influence market results.
The theory behind behavioral finance, a branch of behavioral economics, is that investors' and financial professionals' financial decisions are influenced by psychological factors and biases. Additionally, biases and influences may be the reason behind any kind of market anomaly, but particularly stock market anomalies like sharp price increases or decreases. The Securities and Exchange Commission has personnel dedicated to behavioural finance because it plays such a significant role in investing.
Analysis of behavioral finance can be used to comprehend various outcomes in a range of sectors and companies.
The impact of psychological biases is one of the major facets of behavioral finance studies.
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which of the following are common crm metrics? group of answer choices sales metrics customer service metrics marketing metrics all of these choices are correct.
Customer service is the common CRM metrics from the given following. As sales are completed, it might give context.
CRM metrics are important data elements that you should recognise and monitor while keeping your business objectives in mind. You might have numerous significant metrics you've established and wish to highlight to inspire your staff and assist explain your business's overall aims, depending on the state of your company and its general objectives. Workforce, strategy, processes, and technology are the four main pillars that support a successful CRM implementation. Each of these factors must be taken into account while designing any CRM process because, if they are, a CRM installation could fail. CRM software used correctly can increase revenue and customer engagement. By identifying crucial KPIs, you can grow your customer base, boost revenue, and improve your company's success.
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!!NEED HELP ASAP!!
Michael Anthony is purchasing a $15 cake for his mothers birthday.
1. should he use his debit card or credit card?
2. using your answer to part 1, provide two reasons that support your choice.
As Michael Anthony is purchasing a $15 cake for his mothers birthday:
he can use a debit card to purchase the cake if he had $15 or more than in his checking account.he can use a credit card to purchase the cake if his credit service is available.What is difference between debit card or credit card?Basically, a debit card will only uses funds from your bank account while a credit card is linked to a credit line that can be paid back later mostly with an interest fee.
The difference is also that debit cards are linked to a bank account and draw directly from those moneys while credit card does not draw any money immediately and must be paid back in the future.
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gary is writing about targeting in his marketing plan, and states that empty nesters are an important segment for his company. his company probably has to do with which of the following?
gary is writing about focused on in his advertising and marketing plan, and states that empty nesters are an vital section for his company. his corporation probable has to do with consider overall performance the use of advertising metrics.
What is in a advertising and marketing plan?The advertising and marketing layout small print the strategy that a organisation will use to market its products to customers. The design identifies the target market, the fee proposition of the manufacturer or the product, the campaigns to be initiated, and the metrics to be used to check the effectiveness of marketing initiatives.
What is the predominant center of attention of a advertising plan?The reason of a advertising graph is to make certain that advertising things to do are relevant and timely to attain an organization's objectives. It's a layout defining a sustainable aggressive function and defining the assets crucial to obtain it.
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https://brainly.com/question/9027729#SPJ4How do private property rights have a role in the market economy?
A
B
C
D
They act as an incentive to make people want to work.
There is no relationship between private property rights and the market economy.
They act as a way to outsource employment.
Both B and C.
Dividends paid to a shareholder by a corporation should be reported on which of the following forms?
On a Schedule K-1, your part of the entity's dividends is typically reported to you. The most typical form of corporate distribution is dividends.
How do shareholders and stakeholders differ?
A stakeholder is a person who is affected by (or has a "stake" in) a project you are working on, as opposed to a shareholder, who owns stock in your company. Discover the main distinctions between shareholders and stakeholders.
Are shareholders considered owners?
Depending on how many shares they own, a shareholder is a corporate owner. Stakeholders, like shareholders, are interested in a company's performance even though they do not own any equity in it. However, they might or might not be interested in making money.
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the environmental catastrophe of the great depression was partly the result of agricultural mismanagement. which of the following was the most consequential example of this mismanagement?
The environmental catastrophe of the great depression was partly the result of agricultural mismanagement.
The agricultural mismanagements leads to destruction of land productivity, demineralization of the soil, Inadequate animal. In the mismanagement, inadequate feeding of animals unsanitary and inhumane food animal conditions.
Environment mismanagements arising due to infectious diseases, pollution like water etc and land degradation due to human purposes.
The most consequential example of this mismanagement is Farmers plowed up natural ground cover to grow more crops, cover that had taken ages to form in the relatively dry sates of the Plains. This is the the environmental catastrophe of the great depression was partly the result of agricultural mismanagement.
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tanner company has old equipment with a book value of $177,000 and a remaining five-year useful life. tanner is considering purchasing new equipment at a price of $234,000. tanner can sell the old equipment now for $156,000. the old equipment has variable manufacturing costs of $84,000 per year. the new equipment will reduce variable manufacturing costs by $35,000 per year over its five-year useful life. the total increase or decrease in net income by replacing the old equipment with the new equipment is:
The total increase or decrease that would be seen in the net income, by replacing the old equipment with the new, is $ 97, 000
How to find the change in net income ?When the new equipment is put into use and depreciation expense starts, it will have an impact on the income statement and profit and loss statement for the company. The cost will lower the company's earnings (net income, earnings). The profits recorded on the income statement may also be impacted by extra revenues, expenses, and potentially cost savings.
The impact on the company's earnings in the first accounting year may be little compared to the cost of the equipment because depreciation spreads the machine's cost to depreciation expenditure throughout the life of the machine.
The increase or decrease in net income from replacing the old equipment with a new one can be found by the formula :
= Decrease in variable cost x number of years - Purchasing cost
= ( 35, 000 x 5 ) - ( 234, 000 - 156, 000 )
= 175, 000 - 78, 000
= $ 97, 000
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Thoroughly explain the concept, causes, blessings and curses of globalization.
Globalization serves as the growing interdependence of the world's economies, cultures, as well as populations, which can be influenced through the cross-border trade in goods and services, as well as the flows of investment, people, and information.
The causes of globalisation are:
Improved transportImproved technology which makes it easier to communicate and share information around the world.Growth of multinational companies with a global presenceThe economic activities that aids globalizationare:
international trade; foreign direct investment;capital market flows migration (movement of labor)diffusion of technologyThe blessings of globalization can be felt in the businesses the opportunity that expand into new markets, as well as reaching international buyers, and increase revenue.
What is Globalization ?Globalization serves as the way the trade and technology have made the world into a more connected and interdependent place however it help to captures in its scope the economic and social changes that have come about as a result.
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Callan Patel is in the 24 percent tax bracket. A non-taxable employee benefit with a value of $500 would have a tax-equivalent value of approximately: Group of answer choices $658. $528. $500. $360. $140.
The tax rate for Callan Patel is 24%. An employee perk that is not taxable and has a value of $500 would be worth roughly: $658 for a selection of responses.
Which of the following statements most accurately sums up the usage of employee perks in tax preparation?According to the Income Tax Act, employers may give employees fringe benefits that are not taxable advantages.
Which taxable fringe benefits are most prevalent?a.Gains from non-statutory stock option exercise
b.Taxable earnings from restricted stock issuance or vesting
c.the phone provided by the employer
d.Gym subscriptions
e.The vehicle provided by the employer or a car lease
f.Housing stipend
g.Shifting costs
Which nontaxable fringe perks are most prevalent?a.adoption support
b.Disability protection
c.Assistance with education
d.stock options for employees
f.Group term life insurance
g.medical savings accounts
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A/An ________ is a location column that receives information about all possible orientations within a given area of the retina.
a. supercolumn
c. hypercolumn
b. orientation
d. action
A/An hypercolumn is a location column that receives information about all possible orientations within a given area of the retina.
Which structure has cells that react to familiar faces the best?The temporal lobe, which includes both cortical and subcortical components, showed larger responses to known faces than to new ones . Additional frontal lobe foci were found, along with one cluster in the posterior cingulate gyrus.
What kind of neuron, which is present in the eye, most likely controls vision?Photoreceptors Rods and cones are the two primary categories of light-sensitive cells in the eye. Cones are in charge of color vision, while rods enable seeing in low light. Light is converted by photoreceptors into electrical signals that are transmitted to the optic nerve via additional retinal neurons.
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the risk-return trade-off in managing a firm's working capital involves which of the following? group of answer choices a trade-off between liquidity and activity none of the above a trade-off between debt and equity a trade-off between the firm's liquidity and its profitability
So coping with running capital includes a trade-off among the company's liquidity and its profitability.
The required details for liquidity in given paragraph
Marketplace liquidity is a marketplace's function wherein an character or company can speedy buy or promote an asset with out inflicting a drastic alternate within side the asset's rate. Liquidity includes the trade-off among the rate at which an asset may be offered, and the way speedy it is able to be offered. In a liquid marketplace, the trade-off is mild: you'll be able to promote speedy while not having to just accept a notably decrease rate. In a noticeably liquid marketplace, an asset need to be discounted in an effort to promote speedy. Money, or cash, is the maximum liquid asset due to the fact it is able to be exchanged for items and services right away at face value.
A liquid asset has a few or all the following features: It may be offered rapidly, with minimum lack of value, every time inside marketplace hours. The important function of a liquid marketplace is that there are usually prepared and inclined shoppers and sellers.
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Understanding consumers in marketing is considered so important that a whole area ofmarketing called. emerged
Understanding consumers in marketing is considered so important that a whole area of marketing called as Consumer Behaviour.
What does Consumer Behaviour means?
Consumer behavior is the study of how individuals, groups, and organizations make decisions about what products and services to buy, use, and discard. It takes into account the influences, motivations, and decisions of people who buy products or services. Marketing, advertising, branding, product design, pricing, sales, distribution, consumer psychology, and consumer culture are all covered.
What does Services mean?
The term "services" refers to work done for others, usually for a fee. Services can range from the provision of a product to the provision of a consultation. Accounting, web design, cleaning, personal training, and legal advice are some examples of services.
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True or False: in order to determine the probability of timely project completion, it is sometimes necessary to take into account paths other than the critical path.
True, It is occasionally important to include account paths different from the critical path when calculating the likelihood of timely project completion.
The accounting pathway is what?The accounting career path covers jobs that document, categorize, condense, evaluate, and convey financial data and contractual arrangements for decision made. comprises bookkeeping, system design, accounting data analysis, and interpretation.
Do accountants receive good pay?In conclusion, the typical salary for a career path is $70,000 to $130,000 per year, with a 6% job annual growth by 2030. Accountants career wages can range from $40,000 to $120,000 per year depending on schooling, certification, firm location, and notably decades of experience.
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True/ False. 1.A profit maximizing monopolist facing no entry threat will operate on the elastic portion of the market demand curve.
For the monopoly, producing at the level where marginal income and marginal cost are equal will maximize profits.
What does "profit" mean?Your profits are the funds that remains after all business expenses have been covered. Profit margin, total income, and net profit are the three primary types of profit. The highest profit is the gross profit. After paying for these purchases of goods and services, the remaining amount is displayed.
What does the term "profit" mean?What is gain? The monetary reward a business has when revenue exceeds costs and expenses is frequently referred to as profit. One cup of lemonade, for instance, costs a child at a raspberry syrup stand one quarter. She then charges $2 for the beverage. She made money from the cup of lemonade.
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select the data tab. check that staghorn coral, star coral, sponges, and algae are selected. populations are given as a percentage of normal populations. what do you notice about these populations?
Increased storm frequency particularly damaged the staghorn coral. I believe this is the case because of the tree's delicate limbs, which are easily broken off by storms that are this intense.
What do you mean by Data?Data is information that has been transformed into a format that is useful for transfer or processing in computing.
Coral bleaching may occur as a result of warmer water temperatures. Corals will eject the algae (zooxanthellae) dwelling in their tissues if the water is too warm, which will turn the coral entirely white. The term for this is coral bleaching.
Ocean warming is the biggest threat to staghorn coral because it causes the corals to release the algae that are a source of sustenance and live in their tissue, usually leading to their demise.
Therefore, The staghorn coral was notably hurt by an increase in storm frequency. The tree's thin limbs, which are easily broken off by storms this severe, lead me to suspect that this is the case.
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Jorge plans to buy a car and discusses the purchase with his parents. Their influence on his buying decision is considered: Tap the card to flip.
Jorge plans to buy a car and discusses the purchase with his parents. Their influence on his buying decision is considered Tap the card to flip.
What is decision-making?Decision making can be described as the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
It should be noted that the step-by-step decision-making process is a way that can be used in making more deliberate, thoughtful decisions by organizing relevant information and defining alternatives, however Good decision-making is imoportant to managers to show their employees that they value their work and have their best interests in mind, from the case above influence on his buying decision is considered Tap the card to flip.
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at the closing, the buyer will be credited for a number of costs that have been paid up-front (or will be paid after closing) as well as a number of prorated expenses that account for the period of time during which the seller occupied the house. all of the following items detailed in the closing costs involve credits that are commonly passed on to the buyer except:
In the closing costs involve credits that are commonly passed on to the buyer except: hazard insurance premiums.
What do you mean by hazard insurance premiums?
When you pay for hazard insurance with a portion of your mortgage payment, you're probably using an escrow account to pay for your homeowners insurance. In other words, your lender is paying your insurance on your behalf by collecting the money you owe.PMI and hazard insurance are not the same things even though they are both types of insurance. Private mortgage insurance, or PMI, is something to keep in mind. In the event that a borrower is unable to continue making mortgage payments, it safeguards lenders. Hazard insurance (covered by a homeowner's insurance policy) and PMI are paid for by the borrower.To know more about Insurance here
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true or false ; Marketing focuses on the pricing and distribution of want-satisfying products, as well as determining the best way to promote the products to consumers.
Marketing focuses on the pricing and distribution of want-satisfying products, as well as determining the best way to promote the products to consumers- true.
What is Marketing?Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer.
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Answer the question using the accompanying cost ratios for two products, fish (F) and chicken (C). In countries Singsong and Harmony. Assume that production occurs under conditions of constant costs and that these are the only two nations in the world Singsong: 1F = 20 Harmony. 1F -40 1:42 In Singsong the domestic real cost of each chicken Multiple Choice is fish is 2 increases with the level of fish caught decreases with the level of fish caught
Each chicken costs half a fish in Singsong, according to domestic prices.
What is global commerce?
Economic exchanges between nations are referred to as international trade. Consumer products, such as televisions and apparel, as well as capital goods, like machinery, raw materials, and food are among the commodities that are frequently traded. Other transactions involve services, like payments for travel and foreign patents. International financial payments, which are made between trading nations' central banks and the private banking sector, facilitate the transactions of international trade. The three categories of international trade are export, import, and entrepreneurial trade. Trade exports. When products made in one nation are bought by citizens of another, this is known as export commerce.
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According to local rates, a chicken in Singsong costs half as much as a fish.
What is international trade?International trade is the term used to describe international economic transactions. Among the commodities that are often exchanged are consumer goods like televisions and clothing as well as capital goods like machinery, raw materials, and food.
Services are involved in other transactions, such as payments for travel and foreign patents. The transactions of international trade are facilitated by international financial payments, which are made between the central banks of trading nations and the private banking sector. Export, import, and entrepreneurial trade are the three types of international trade. exports for trade. Export trade is the buying and selling of goods created in one country by residents of another.
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the purpose of the supply chain management is to synchronize a firm's processes with those of it's suppliers and customers. True.
The purpose of the supply chain management is to synchronize a firm's processes with those of it's suppliers and customers, it is True.
The supply chain management is a management in which the handling of the entire production flow of a product and service which is starting from the raw materials to the final product to the consumer.
The supply chain include from the raw materials, production, packaging, delivering to the stores, and selling to the consumers.
The advantage of supply chain management is giving organization the fast, reliable and regular connection to all corners of the globe. The purpose of the supply chain management is to synchronize a firm's processes with those of it's suppliers and customers.
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A(n) ________ is a tangible reward for a particular act, typically purchasing or repurchasing a product.
premium
A premium is a tangible reward for a particular act, typically purchasing or repurchasing a product.
What are tangible assets?
Non-physical assets like intellectual property, goodwill, and brand awareness are included in intangible assets. All physical assets, including real estate, financial assets, and money, are considered tangible assets. Insurers' balance sheets mostly consist of tangible assets.
What is premium?
In general, a premium is a cost that is incurred above and above some fundamental or intrinsic worth. Relatedly, it is the cost associated with being shielded from a loss, risk, or injury (e.g., insurance or options contracts). The Latin term premium, which originally meant "reward" or "prize," is where the word "premium" comes from.
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