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Use the Black-Scholes formula for the following stock: Time to expiration 6 months Standard deviation 42% per year Exercise price $45 Stock price $43 Annual
Use the Black-Scholes formula for the following stock:
| Time to expiration | 6 months | |
| Standard deviation | 42% per year | |
| Exercise price | $45 | |
| Stock price | $43 | |
| Annual interest rate | 2% | |
| Dividend | 0 | |
Calculate the value of a put option. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077606779, 978-0697789945
