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6.18%, the volatility of JCH stock is 30.0%, and JCH does not pay dividends. Round all intermediate values to five decimal places as needed. a.
6.18%, the volatility of JCH stock is 30.0%, and JCH does not pay dividends. Round all intermediate values to five decimal places as needed. a. Is this offer worth more than $25.00 million? Explain. b. What is the value of the offer? a. Is this offer worth more than $25.00 million? Explain. (Select the best choice below.) A. The offer is worth exactly $25.00 million because that is the price of the shares today. B. The offer is worth more than $25.00 million because you might be able to sell the shares at a higher price. C. The offer is worth more than $25.00 million because of the put option. D. The offer is worth less than $25.00 million because of the put option
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