Consider a six-month put option with a strike price

Consider a six-month put option with a strike price of 60 on a stock whose current price is 60. There are two time steps of three months and in each time step the stock price either moves up by 15% or down by 20%. The risk free rate of interest is 5.5% per year with continuous compounding.A. Compute the value of a European put option.B. Compute the value of an American put option.C. Compute the value of the right of early exercise.

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