How much would you be willing to pay for a put on this


In December 2014, a 9-month call on a stock, with an exercise price of $475, sold for $46.80. The stock price was $475. The risk-free interest rate was 4%. Assume that the stock options are European options. (Note: This stock does not pay a dividend.)

How much would you be willing to pay for a put on this stock with the same maturity and exercise price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Price of a put            $

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Financial Management: How much would you be willing to pay for a put on this
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