Answer:
Wait a sec
Step-by-step explanation:
Answer:
B. $19.90
Step-by-step explanation:
The put option will be exercised only if the final price is below the strike price. If the final price exceeds the strike price, there will simply be a loss equal to the cost of the option.
Hi there,
the first part equals 4/45 and the second part equals 7/9
4/45 divided by 7/9 = 0.00141093474
Hope this helps :)<span>
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