Question
The current price of a stock is $48, the annual risk-free rate is 4.6%, and a 1-year call option with a strike price of $71
The current price of a stock is $48, the annual risk-free rate is 4.6%, and a 1-year call option with a strike price of $71 sells for $5.6. What is the value of a put option, assuming the same strike price and expiration date as for the call option?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
