15. (As you like it option) Consider the stock of Examples 12.3 and 124, which has =...

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15. ("As you like it" option) Consider the stock of Examples 12.3 and 124, which has = 20 and an initial price of $62 The interest rate is 10%, compounded monthly Consider a 5-month option with a strike price of $60 This option can be declared, after exactly 3 months, by the purchaser to be either a European call or a European put Find the value of this "as you like it" option.

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Investment Science

ISBN: 9780195391060

1st International Edition

Authors: David G. Luenberger

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