"No prudent person would pay more for a parcel of real property than the price of a reasonably close alternative which is available without undue delay" refers most nearly to the principle of:

What is the relationship between dividends and the forecasted stock price in a binomial model?

What will be an ideal response?

Assume that a $55 strike call has a 1.5% continuous dividend, r = 0.05 and the stock price is $50.00. If the option has 45 days until expiration, what is the vega, given a shift in volatility from 33.0% to 34.0%?

A) 0.20 B) 0.15 C) 0.10 D) 0.05