When the Time Period Is in Days, Such as 56

question 81

Multiple Choice

$\begin{array}{llcc} \text { Stock price } &\$57 \\ \text { Strike price} &\$60\\ \text { Time to maturity } &56 \text {days}\\ \text { Standard deviation } &79\%\\ \text { Risk-free rate } &5.1\%\\\end{array}$



When the time period is in days, such as 56 days, the input for the time period is " = 56/365"
-What is the delta of the put option?

• A) -0.489
• B) -0.315
• C) -0.500
• D) -0.388
• E) -0.494

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Definitions:

Stolen Television

A television that has been illegally taken from its rightful owner without permission.

Price Discrimination

The practice of selling the same goods to different buyers at different prices.

Competing Buyers

Buyers who are interested in purchasing the same product or property, often leading to a competitive situation such as a bidding war.

Different Prices

The variation in cost for goods or services, often resulting from location, demand, quality, or negotiation.