Demonstrate that an at-the-money call option on a given stock must cost more than an at-the money

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Demonstrate that an at-the-money call option on a given stock must cost more than an at-the money put option on that stock with the same maturity. The stock will pay no dividends until after the expiration date.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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