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The current price of KD Industries stock is $20.In the next year the stock price will either go up by 20% or go down by 20%.KD pays no dividends.The one-year risk-free rate is 5% and will remain constant.
-Using risk-neutral probabilities,the calculated price of a one-year put option on KD stock with a strike price of $20 is closest to:
Titanium
A strong, lightweight, and corrosion-resistant metal with the chemical element symbol Ti, used in various industrial and medical applications.
Intimate Space
The physical space closest to a person, typically reserved for close friends and family.
Decoding
Decoding is the process of interpreting or making sense of a message, symbol, or information received.
Tungsten
A chemical element with the symbol W and atomic number 74, known for its high melting point and strength when made into compounds or alloys.
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