Suppose that you have an option which allows you to sell Buffelhead stock (see question 5) in

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Suppose that you have an option which allows you to sell Buffelhead stock (see question 5) in month 6 for $165 or to buy it in month 12 for $165. What is the value of this unusual option?

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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