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:

Paravertebral Muscles

Muscles located on either side of the vertebral column, playing a pivotal role in the movement and stabilization of the spine.

Meniscus Tear

A tear in one of the two crescent-shaped cartilage structures (menisci) in the knee, leading to pain, swelling, and mobility issues.

Mental Set

The tendency to approach situations in a fixed way based on previous experiences and perceptions.

Functional Fixedness

A cognitive bias that limits a person to use an object only in the way it is traditionally used.