What is the lowest possible value of a European put?
A) Max(0,X - S0)
B) X(1 + r) -T
C) Max[0,S0 - X(1 + r) -T]
D) Max[0,X(1 + r) -T - S0) ]
E) none of the above
Correct Answer:
Verified
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A)parity
B)parity value
C)exercise
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