Prove that for 2 otherwise identical european put options


Prove that for 2 otherwise identical European put options with exercise prices E1, E2 where E1 < E2, on an asset that pays no dividends that 0 ≤ P(S, t; E2) − P(S, t; E1) ≤ E2 − E1.

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Financial Management: Prove that for 2 otherwise identical european put options
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