Assume S = $43,K = 45,div = 0

question 12

Multiple Choice

Assume S = $43,K = 45,div = 0.0,r = 0.09,σ = 0.36,and 90 days until expiration.What is the premium on an Asian average strike put where N = 3?

• A) $0.26
• B) $0.36
• C) $0.46
• D) $0.56

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Definitions:

Personal Characteristics

Traits or attributes that define an individual's personality and behavior.

Organic Brain Damage

Physical damage to the brain's structure that can affect cognitive, emotional, and physical functions, often resulting from injury or illness.

Dichotomy Corollary

A principle related to Kelly's personal construct theory, suggesting that we use bipolar dimensions to construct our view of the world.

Bipolar Constructs

Cognitive frameworks that consist of opposite or polar dimensions used to evaluate and categorize concepts.