Question
The HOLDER of a PUT option with X=8% on the 45-day LIBOR with $2m notional amount and 60-day expiration will have a payoff of ____
The HOLDER of a PUT option with X=8% on the 45-day LIBOR with $2m notional amount and 60-day expiration will have a payoff of ____ on day ____, if the spot rate at the expiration of the option is 9%.
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
