Essay
Luther Industries does not pay a dividend and is currently trading at $25 per share.The current risk-free rate of interest is 5%.Calculate the price of a call option on Luther Industries with a strike price of $30 that expires in 75 days when N(d1)= .639 and N(d2)= .454.
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C = S × N(d1)- PV(K)...View Answer
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