Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 th

来源:学生作业帮助网 编辑:作业帮 时间:2024/05/04 07:34:13
Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 th

Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 th
Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 the stock price will rise to $60 at the end of the time period.The cash bond has an initial price of $60 and it will with certainty deliver $80 at the end of the period.
What is a fair price for a European call with a maturity at the end of the time period and a strike price of $48?
What is a fair price for a European put with a maturity at the end of the time period and a strike price of $32?

Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 th
欧式看涨期权问题可以改写为:
无风险收益率为1/3(=(80-60)/60),某项资产(即欧式看涨期权)现价x,该资产期末价值为:1/5的概率是0(因为1/5的概率期末标的股票价格跌至20,此时不行权,期权期末价值为0),4/5的概率收益是60-48=12(4/5概率股价到60,减去行权价格48,即为期权期末价值).求x的合理值.
只要让期权期末价值的现值等于期权现价x即可.
因此x=(1/5*0+4/5*12)/(4/3)=7.2.
同理,欧式看跌期权价格=〔1/5*(32-20)+4/5*0〕/(4/3)=1.8.

英语翻译We hereby consider ourselves engaged unconditionally and irrevocable to pay to you forthwith,as a consequence of one or more requests of payment for non performance of the above mentioned contract substantiated by documentary evidence,wit consider make a model making a model car a model for blind Assess Job Requirements and Talent Competencies Rather than negotiating which competency model is better and conducting a gap analysis to figure out what is missing, spending precious time while employees suffer, consider a“buy-use-discard” appro 英语翻译Asian Americans consider the model minority image a misleading stereotype that masks individuality and conceals real problems.Many immigrant families,especially the Indochinese refugees who arrived in the years following the fall of Sai Consider a model with only one time period.Assume that there exist a stock and a cash bond in the model.The initial price of the stock is $40.The investor believes that with probability 1/5 the stock price will drop to $20 and with probability 4/5 th 英语填空题(求详解)7.Although ordinarily skeptical about the purity of Robinson's motives,in this instance Jenkins did not consider Robinson's generosity to be---- consideration of personal gain.(A) lacking in(B) contrary to(C) alloyed wit better a witty fool,than a foolish wit. Better a witty fool than a foolish wit. A pain in the pit,a gain in the wit? a new health care model a spokes-model 怎么翻译? a fall into the pit,again in your wit Afall into the pit,a gain in your wit.为什么?Afall into the pit,a gain in your wit.为什么, Consider it a deal.翻译一下.谢谢 what do you consider a big family?