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There is a Europeanstyle put option expiring in 60 days, the exercise price is 110 and the underlying is trading at 100. The riskfree rate
There is a Europeanstyle put option expiring in 60 days, the exercise price is 110 and the underlying is trading at 100. The riskfree rate is 6%. The lower bound on the option value is closest to:
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10.00.
3.77.
8.95.
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