Question
The current price of a non-dividend-paying stock is $30.Over the next six months it is expected to rise to $36 or fall to $26. Assume
The current price of a non-dividend-paying stock is $30.Over the next six months it is expected to rise to $36 or fall to $26. Assume the risk free rate is zero. If the strike price of the call option is $32, then what to the nearest cent is the value of the call option?(State your answer without $sign, round your answer to two decimal points)
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
