1) You wish to determine option prices for ConAgra Foods (CAG). Go to finance.yahoo.com, obtain a stock quote, and follow "options" link. Compute option premium and strike price for highest and lowest strike price options which are nearest to expiring? Compute the option premium and strike price for highest and lowest strike price options expiring next month?
2) In October 23, 1999, issue, The Economist reports that interest rate per annum is 5.93 percent in United States and 70.0 percent in Turkey. Describe in detail why do you believe the interest rate is so high in Turkey? On the basis of reported interest rates, how would you forecast the modification of exchange rate between U.S. dollar and Turkish lira?