The earnings in a cooperative are shared with member owners. The cooperative societies distribute the profits to its members based on the business transacted with the Cooperative society.
I believe it’s b.
Sorry if it’s wrong I’m not sure
Answer:
Stock Price is $98.70
Explanation:
given data
exercise price = $100 per share
call price = $25 per share
put price = $17 per share
mature time = 2 years
annual rate of interest = 5%
to find out
What is the stock price today
solution
we will use here Put Call Parity for find out Stock Price that is express as
C +
= S + P .....................1
here C is call price and r is rate and t is time and S is Stock Price and P is put price so put all value in equation 1
C +
= S + P
25 +
= S + 17
solve it we get
P = $98.70
so Stock Price is $98.70