Consider a european put option with a strike pricenbspof


Consider a European put option with a strike price of $106.5 and a maturity of 11 months. The underlying stockprice equals 99. The continously compounded risk-free rate is 7.25 percent per year. What is the lower and upper bound, repectively, on the option value?

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Financial Management: Consider a european put option with a strike pricenbspof
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