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Consider two call options on a security whose present price 110. Suppose that both call options have the same expiration tine, one has strike price
Consider two call options on a security whose present price 110. Suppose that both call options
have the same expiration tine, one has strike price 100 cost 20 the other has a strike price 110
and cost C. Assuming there is no arbitrage, what is a lower bound of C or C ?
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