Which security should sell at a greater price?

a. A 10-year Treasury bond with a 10.50% coupon rate or a 10-year T-bond with a 9.50% coupon.

• A 10-year Treasury bond with a 10.5% coupon rate

• A 10-year T-bond with a 9.5% coupon

b. A three-month expiration call option with an exercise price of $37 or a three-month call on the same stock with an exercise price of $42.

• A three-month call on the same stock with an exercise price of $42

• A three-month expiration call option with an exercise price of $37

c. A put option on a stock selling at $62 or a put option on another stock selling at $52. (All other relevant features of the stocks and options are assumed to be identical.)

• A put option on another stock selling at $52

• A put option on a stock selling at $62