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Given the following information, predict the put option's new price after the stock's volatility changes . Initial put option price = $8 Initial volatility =
Given the following information, predict the put option's new price after the stock's volatility changes.
Initial put option price = $8
Initial volatility = 19%
Vega = 14
New volatility = 25%
(required precision 0.01 +/- 0.01)
Greeks Reference Guide:
- Delta = /S
- Theta = /t
- Gamma = (2)/(S2)
- Vega = /
- Rho = /r
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