Question
Suppose that Apple stock is currently trading at $160 per share. A call option on the stock with a strike price of $170 and 3-month
Suppose that Apple stock is currently trading at $160 per share. A call option on the stock with a strike price of $170 and 3-month to expiration costs $5. The current yield of 3-month zero-coupon Treasury bills is 5%. What must be the price of a put option on the stock with a strike price of $170 and 3-month to expiration?
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Small Fund Management
Authors: K. K.
1st Edition
979-8866391837
