A Stock Is Trading at $20 $- 0.50$ a Decrease of 10 Basis Points in the Interest

question 25

Multiple Choice

A stock is trading at $20. A one-month put with a strike of 19 is valued at $0.360 and has a rho of $- 0.50$ . A decrease of 10 basis points in the interest rate changes the put value by

• A) \(- 0.005\) .
• B) \(+ 0.005\) .
• C) \(- 0.05\)
• D) \(+ 0.0005\) .

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