Question: A call option on Juniper Corp. stock with an exercise price of $70 and an expiration date 1 year from now is worth $3.70 today.
A call option on Juniper Corp. stock with an exercise price of $70 and an expiration date 1 year from now is worth $3.70 today. A put option on Juniper Corp. stock with an exercise price of $70 and an expiration date 1 year from now is worth $3.20 today. The risk-free rate of return is 3%, and Juniper Corp. pays no dividends. The stock should be worth what today
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