Using a lsquolsquotrial-and-error approach estimate how


Using a ‘‘trial-and-error'' approach, estimate how high the strike price has to be in Problem for it to be optimal to exercise the option immediately.

Problem :
What is the result if the strike price of the put is higher than the strike price of the call in a strangle?

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Corporate Finance: Using a lsquolsquotrial-and-error approach estimate how
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