King Henry Viii The King Of The Throne - 1682 Words

King Henry VIII was one of the most important and controversial leaders in English royalty history. In his rule, he made several large changes to normal English lifestyle, including taking complete control over the Church system and stripping the pope of all of his powers in England. He also broke a Christian tradition by having six different wives (In Christianity, you are not allowed not allowed to divorce or have several spouses). King Henry VIII s life and rule completely redefined English history and legacy, and he certainly will be remembered forever as one of the most important leaders of his time. Henry VIII was born on June 28, 1491 in Greenwich, London, England. The rules of a monarchy state that the King s eldest son is†¦show more content†¦Darnley s heir, James, claimed the throne of Scotland, and eventually claimed the throne of England when the Tudor dynasty was broken with the death of Elizabeth I in 1603. Elizabeth Tudor, Henry VIII s second eldest siste r, died at the young age of 3 years old. She never held any royal positions. One of Henry s younger sisters, Mary Tudor, became the Queen of France for a brief period of just 3 months. She married King Louis XII of France on October 9, 1514. They lived together as King and Queen for several months until Louis XII s death on New Year s day in 1515. They had no children together, which left the French throne to Francis I. Afterwards, she married Charles Brandon, the Duke of Suffolk. This eventually lead to her becoming the Grandmother of Lady Jane Grey, who was the Queen of England for a very brief time following the death of Henry VIII s eldest son, Edward, in 1553. Edmund Tudor was Henry VIII s youngest brother. When he was born, he was given the title of Duke of Somerset. He would not hold this title for long though, as he would died in 1500 at the young age of 15 months from unknown conditions. Katherine Tudor, the youngest of Henry VIII s siblings, died several days after being born in 1509. She never held any positions of royalty. Henry VIII s father, King Henry VII, was a very accomplished English hero, both as a monarch and a warlord. He was

Call Option and Lotus S Stock free essay sample

To analyze the profit and loss possibilities inherent in the option investment strategies, please perform the following analyses for call and put options on Lotus’s common stock that mature in February 1994 and that have an exercise price of $55 per share. a. Compute net profits and losses per share (actual dollar profit and losses, not rates of return) at expiration (February 19, 1994) for the following investment strategies: Buying a call option on Lotus’s stock; Writing a call option on Lotus’s common stock; Buying a put option on Lotus’s common stock; Writing a put option on Lotus’s common stock. Hint:Start by calculating the profit or loss per share assuming that, by February 19, 1994, Lotus’s common stock is selling at, say, $60 per share. Repeat this calculation for several other possible stock prices at the time of expiration that span a wide range above, below and at the exercise price of $55 per share (e. We will write a custom essay sample on Call Option and Lotus S Stock or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page g. , $45, $50, $55, $65, and so on. ) b. For each of the option investment strategies listed above, draw a graph relating possible profits and losses per share to Lotus’s stock price at the time of expiration. Put profit and losses per share on the vertical axis of your graph and stock prices on the horizontal axis. c. Compute profits and losses per share, and graph them against stock prices for the strategy of buying a share of Lotus’s common stock at $55 per share and holding it until February 19, 1994. 2. Study the graph created in your answer to question 1. Which of the various strategies examined offers the greatest upside return? The least upside return? The greatest downside potential? The least downside potential? Which is likely to produce better investment returns more often? In your opinion, which strategy is the most aggressive? Which is the most conservative? In general, are investment strategies involving options risky or safe? 3. If you owned Lotus’s stock, but were concerned about the possibility of bad news, how might you use options to protect yourself against the risk of a price decline? 4. Buying a share of Lotus’s stock at $55 per share while simultaneously writing (selling) a call option with an exercise price of$55 per share is called a â€Å"covered call† (also a â€Å"buy-write†) investment strategy. What is the relationship between covered call positions and selling put options? Do the quoted put and call option prices appear to be consistent with this relationship? 5. Suppose that on January 18, 1994, Lotus’s stock was valued at $75. 00 per share instead of $55. 00. What is the very least you would expect to pay for the February 1994 call option excercisable at $55? What is the most? In general, what factors should enter into a determination of the appropriate price to pay? 6. Compare the prices of options on Lotus’s stock and those on ATT’s. Why are options with identical exercise prices and maturity dates, and written on stocks with identical prices, selling for different prices? Do options on one of these two stocks provide investors with superior investment opportunities in comparison to the other? 7. In general, what â€Å"play† would you make on the ATT’s or Lotus’s stock in January 1994?