write down the answers/ no excel

Implied MAD with Uniform Distribution

Underlying price currently at 200, and follows a uniform distribution with mean of 200. You observed 80 strike PUT priced at $5.00. What is the implied MAD? (10 points)

A: put price equation

Which one to choose? Or need to keep one

A: need to double check to make sure strike price X stays inside the uniform form distribution boundaries. We throw away the smaller solution and keep the larger one.