We combine this volatility estimate with [Mathematical Expression Omitted], the risk-free rate, and time to
expiration to calculate an expected call price, [Mathematical Expression Omitted], using the dividend-adjusted Black-Scholes model.(2) The deviation of this price from the observed option price on day t, [C.sub.t], is then divided by the observed call price from the previous trading day, [C.sub.t-1].
According to the company, the results of the rights offering, including the allocation of shares to be issued in the rights offering, are preliminary and subject to change pending the
expiration of the guaranteed delivery period under the offering and finalisation of subscription procedures by the subscription agent.
The extension in the
expiration period of all prepaid loads is part of government efforts to protect the rights of consumers in the telecommunications industry.
Although these studies provide insights into the various factors affecting the management and purchase of perishable grocery products, a void still exists in terms of understanding consumers' motivation to search for
expiration dates while shopping for and before consumption of perishable products.
On the
expiration date, the marketing asset is withdrawn from view in the RevBase system, although it remains in the repository.
"Asian workers were caught red-handed changing the
expiration dates on a number of medical supplies and equipment using special material.
The
expiration date is not a date that the drug stops being effective or potentially becomes toxic.
(2) A total of 122 drugs were studied representing 3,005 lots, with 88% of these extended at least 1 year past the
expiration date, with an average extension of more than 5 years.
There really isn't incentive for pharmaceutical companies to extend the
expiration dates, as it is profitable for patients to throw away expired medications and replace them with new prescriptions.
For medications that are used infrequently--analgesics, antihistamines, and medications for traveler's diarrhea --they appear to be stable for years past
expiration, and there is little risk to the patient if the medications are not fully effective.
Lease
expiration management (LEM) can have a powerful impact on a community's profits.
The Broadcast Mid-Term Report, otherwise known as FCC Form 397, is coming due for certain broadcast stations based on the their last license
expiration date.