Question
Ima Greedy, the CFO of Financial Saving Techniques has been granted options on 200,000 shares. The stock is currently trading at $23 a share and
Ima Greedy, the CFO of Financial Saving Techniques has been granted options on 200,000 shares. The stock is currently trading at $23 a share and the options are at the money. The variance of the stock has been about .08 on an annual basis over the last several years. The options mature in 3 years and the risk free rate is 4%.
What is e-rt?
Calculate N(d1)
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
