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elf_fu elf_fu
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Posts: 705
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6 years ago
The Buckingham Casino offers to give every gambler one share of Buckingham Casino Corp. stock if the price drops below $40.00, as an incentive to spur business. If S = $45.25, σ = 0.15,
r = 0.05 and div = 0, how much is this offer worth if it expires in 30 days?
A) $0.36
B) $0.26
C) $0.16
D) $0.06
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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Posts: 471
6 years ago
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elf_fu Author
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6 years ago
Thank you Heavy Heart
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