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The stock price of Riverdale Inc. is $64 today. The risk-free rate of return is 4% and Riverdale pays no dividends. A put option on
The stock price of Riverdale Inc. is $64 today. The risk-free rate of return is 4% and Riverdale pays no dividends. A put option on Riverdale Inc. stock with an exercise price of $60 and an expiration date in ten months is worth $3.6 today. What is the price of a ten-month 60-strike call option for one share of Riverdale Inc. stock?
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