Question
What is a lower bound for the price of a 9-month European put option on a non-dividend-paying stock when the stock price is $80, the
What is a lower bound for the price of a 9-month European put option on a non-dividend-paying stock when the stock price is $80, the strike price is $96, and the risk-free interest rate is 8% per annum (continuously compounded)?
put option lower bound is ?
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Risk Management And Financial Institution
Authors: John C. Hull
2nd Edition
0136102956, 9780136102953
