Ima Greedy, the CFO of Financial Saving Techniques Has Been

question 6

Multiple Choice

Ima Greedy, the CFO of Financial Saving Techniques has been granted options on 200,000 shares. The equity is currently trading at £22 a share and the options are at the money.The volatility of the
Equity has been about .20 on an annual basis over the last several years.The option mature in 3
Years and the risk free rate is 4%.
What is e-rt ?

• A).6087
• B).7087
• C).7952
• D).8476
• E).8869