Question
Q2. What is a lower bound for the price of a one-month European put option on a non-dividend-paying stock when the stock price is $125,
Q2. What is a lower bound for the price of a one-month European put option on a non-dividend-paying stock when the stock price is $125, the strike price is $150, and the risk-free interest rate is 6.7% per annum? (Please round your final answer to two decimal places)
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
