Question: Given the below data on stocks and options. S=$25, K=$22, r=7%, T=1, D=0. calculate a) the upper and lower bounds for a European call upper

Given the below data on stocks and options.

 S=$25, 

K=$22,

r=7%, 

T=1,

D=0. 

calculate

a) the upper and lower bounds for a European call

upper bound:

lower bound:

b) the upper and lower bounds for a European put

upper bound:

lower bound:

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