Question
A stock is currently priced at $45 and will move up by a factor of 1.28 or down by a factor of 0.86 each period
A stock is currently priced at $45 and will move up by a factor of 1.28 or down by a factor of 0.86 each period over each of the next two periods. The risk-free rate of interest is 3 percent. What is the value of a put option with a strike price of $55? (Do not round intermediate calculations. Round your answer to 2 decimal places.) V
alue of put option?
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Making Sense Of School Finance
Authors: Clinton Born
1st Edition
1475856652, 978-1475856651
