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Explain why ANZcalloptions expiring in March 2012 with exercise prices of $20.50 and $22.50 had'fair values'of $1.24 and 17c strespectively on February 1 , 2012.

  1. Explain why ANZcalloptions expiring in March 2012 with exercise prices of $20.50 and $22.50 had'fair values'of $1.24 and 17c
  2. strespectively on February 1 , 2012.
  3. Explain why ANZputoptions expiring in April 2012 with exercise prices of $17.00 and $20.50 had'fair values'of 6c and 46c respectively
  4. st
  5. on February 1 , 2012.

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