Question
A certain stock is currently trading for $41 per share with a stock volatility of 0.3. Certain put options on the stock have a delta
A certain stock is currently trading for $41 per share with a stock volatility of 0.3. Certain put options on the stock have a delta of 0.3089 and a price of $2.886. Find the elasticity of such a put option. [answer:4.389]
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
