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FedEx is selling for $110 a share. A FedEx call option with one month until expi

ID: 2645538 • Letter: F

Question

FedEx is selling for $110 a share. A FedEx call option with one month until expiration and an exercise price of $126 sells for $2.40 while a put with the same strike and expiration sells for $17.70.

What is the market price of a zero-coupon bond with face value $126 and 1 month maturity? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

What is the risk-free interest rate expressed as an effective annual yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

FedEx is selling for $110 a share. A FedEx call option with one month until expiration and an exercise price of $126 sells for $2.40 while a put with the same strike and expiration sells for $17.70.

Explanation / Answer

110.70