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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