Using the IBM option prices in Figure 20.1 , calculate the market price of a riskless zero-coupon

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Using the IBM option prices in Figure 20.1 , calculate the market price of a riskless zero-coupon bond with face value $125 that matures in January on the same date as the listed options.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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