luclaymom7595 luclaymom7595

24-05-2023
Business

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The current stock price of IBM is $65. A put option on IBM with an exercise price of $62 sells for $7 and expires in 7 month(s). If the risk-free rate is 1.0% per year, what is the price of a call option on IBM with the same exercise price and expiration date (keep two decimal places)?

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