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On 1 May 2020, Sunup Ltd.s share price is $3.27. The risk-free rate of interest is 1% per month. Sunup Ltd. does not pay dividends
On 1 May 2020, Sunup Ltd.s share price is $3.27. The risk-free rate of interest is 1% per month. Sunup Ltd. does not pay dividends and options on Sunup shares expire at the end of the expiry month. What is the minimum value of the June $3.75 American put option?
$0.349
$0.406
$0.000
$0.480
$0.128
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