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You buy a share of stock, write a one-year call option with a strike price X = $

ID: 2720358 • Letter: Y

Question

You buy a share of stock, write a one-year call option with a strike price X = $17, and buy a one-year put option with a strike price X = $17. Your net initial cost to establish the entire portfolio is $16.50. What must be the risk-free interest rate from now until the options maturity date? The stock pays no dividends. (Do not round intermediate calculations. Enter your answer as a percentage rounded to two decimal places.)


You buy a share of stock, write a one-year call option with a strike price X = $17, and buy a one-year put option with a strike price X = $17. Your net initial cost to establish the entire portfolio is $16.50. What must be the risk-free interest rate from now until the options maturity date? The stock pays no dividends. (Do not round intermediate calculations. Enter your answer as a percentage rounded to two decimal places.)

Explanation / Answer

You buy a share of stock, write a one-year call option with a strike price X = $

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