Question
Calculate the elasticity of a call option with a premium of $6.50 and a strike price of $61. The call has a hedge ratio of
Calculate the elasticity of a call option with a premium of $6.50 and a strike price of $61. The call has a hedge ratio of 0.7, and the underlying stocks price is currently $47. (Round your answer to 2 decimal places.)
Elasticity of the call
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Multinational Finance
Authors: Kirt C. Butler
4th Edition
1405181184, 978-1405181181
