A call option is currently selling for $4.7. It has a strike price of $75 and four months to maturity. What is the price of a put option with a $75 strike price and four months to maturity? The current stock price is $77, and the risk-free interest rate is 5.2 percent. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price of a put option

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter5: Financial Options
Section: Chapter Questions
Problem 1P
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A call option is currently selling for $4.7. It has a strike price of $75 and four months to
maturity. What is the price of a put option with a $75 strike price and four months to
maturity? The current stock price is $77, and the risk-free interest rate is 5.2 percent.
(Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Price of a put option
Transcribed Image Text:A call option is currently selling for $4.7. It has a strike price of $75 and four months to maturity. What is the price of a put option with a $75 strike price and four months to maturity? The current stock price is $77, and the risk-free interest rate is 5.2 percent. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price of a put option
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