ING Stock Currently Sells for $38

question 98

Multiple Choice

ING Stock currently sells for $38.A one-year call option with strike price of $45 sells for $9, and the risk-free interest rate is 4%.What is the price of a one-year put with strike price of $45

• A)$9.00
• B)$12.89
• C)$16.00
• D)$18.72
• E)$14.26

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Definitions:

LEO

Low Earth Orbit, denoting satellites that orbit the Earth at altitudes between 160 to 2,000 kilometers.

MEO

Medium Earth Orbit, referring to satellites that orbit the earth at altitudes of 2,000 to 35,786 kilometers, used for communications and navigation.

Transmission Delay

The time it takes for a signal or data packet to travel from the source to the destination across a network.

GEO

Pertains to geographical information, often relating to satellite systems and global positioning technologies.