If the risk-free rate of interest is 28 percent per year


A stock is currently selling for $68 per share. A call option with an exercise price of $72 sells for $3.40 and expires in three months.

If the risk-free rate of interest is 2.8 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Put price $

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If the risk-free rate of interest is 28 percent per year
Reference No:- TGS02668696

Expected delivery within 24 Hours