Question
Consider the case of an exchange option in which the underlying stock is Eli Lilly and Company with a current price of $56.00 per share.
Consider the case of an exchange option in which the underlying stock is Eli Lilly and Company
with a current price of $56.00 per share. The strike asset is Merck, with a per share price of $52.00.
Interest rates are 5% and the 3 month call option is trading for $7.00. What is the price of the put?
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
