A put option and a call option with an exercise price of $60 and three months to
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A put option and a call option with an exercise price of $60 and three months to expiration sell for $3.87 and $4.89, respectively. If the risk-free rate is 2.7 percent per year, compounded continuously, what is the current stock price?
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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