Problem $2-24($Algo$)$

Which security should sell at a greater price?

a$.$ A $10-$year Treasury bond with a $11\mathrm{.}25\backslash \%$ coupon rate or a $10-$year Treasury bond with a $10\mathrm{.}25\backslash \%$ coupon.

A $10-$year Treasury bond with a $10\mathrm{.}25\backslash \%$ coupon

A $10-$year Treasury bond with a $11\mathrm{.}25\backslash \%$ coupon rate

b$.$ A three$-$month expiration call option with an exercise price of $\backslash (\backslash$$ $40\backslash )$ or a three$-$month call on the same stock with an exercise price of $\backslash$$$45.$

A three$-$month expiration call option with an exercise price of $\backslash$$$40$

A three$-$month call on the same stock with an exercise price of $\backslash$$$45$

c$.$ A put option on a stock selling at $\backslash (\backslash$$ $65\backslash )$ or a put option on another stock selling at $\backslash (\backslash$$ $55\backslash ).($All other relevant features of the stocks and options are assumed to be identical.$)$

A put option on another stock selling at $\backslash$$$55$

A put option on a stock selling at $\backslash$$$65$