Consider the case of an exchange option in which the underlying stock is Eli Lilly and Company with a current price of $56.00 per share. The strike asset is Merck, with a per share price of $52.00
Interest rates are 5% and the 3-month call option is trading for $7.00. What is the price of the put?
A)
$3.00
B)
$4.00
C)
$7.00
D)
$11.00
Answer:
D
Business
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In designing marketing plans, marketing management takes other company groups into accounts, such as top management, finance, research and development, janitorial/cleaning, information technology, purchasing, operations, human resources, and accounting.
Indicate whether the statement is true or false.
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