1. UPU stock is selling for $83 a share. One $82 call contract is valued at $157 and one $82 put contract is valued at $78. What is the per share intrinsic value of the put?
2. Abacus trackers cost $200 up front the 80 per year to maintain, they will last four years, Brittle trackers costs $400 and $70 to maintain, and they will last 9 years. Use a T-bond of 3.5% to justify your answer. Use EAA methodology.