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9 . Town and Country Travel has an active liquid option market. In examining the call prices for Town and Country Travel s American options,

9. Town and Country Travel has an active liquid option market. In examining the call prices for Town
and Country Travel s American options, you notice several discrepancies between several option
prices and basic option pricing relationships.
Closing Prices Town and Country Travel Call Options
February 27,2024
Close Strike Option Expiration Month
Close strike
June July August September
1191108121518
1191201344
1191301225
Identify at least three different apparent pricing discrepancies in the above table. Identify which of the basic
option pricing relationships each discrepancy violates.

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