Question
consider an american put option on a nondividend-paying stock. why will early exercise of the American put become more attractive as the risk-free interest rate
consider an american put option on a nondividend-paying stock. why will early exercise of the American put become more attractive as the risk-free interest rate increases and the volatility of the underlying stock price decrease?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
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