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elf_fu elf_fu
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8 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 profit or loss is Buckingham incurring if they charge $0.25 to participate in this wager?
A) $0.31 loss
B) $0.31 profit
C) $0.19 loss
D) $0.19 profit
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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8 years ago
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elf_fu Author
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8 years ago
Thank you, thank you, thank you!
taydav
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Yesterday
Smart ... Thanks!
gma_of_7
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2 hours ago
You make an excellent tutor!
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