[kurtlan]

Thanks or the response. it was steering me right in my face all the time.

[kurtlan]

Sorry I found it out. The question actually said that the delta of the put option is equivalent to N(-D1).

[kurtlan]

Are there lectures to Chapter 16? Was trying to follow example 1 got stuck trying to figure out the calculation of the WACC.

[kurtlan]

Sir,

I found a technical article on leases and fully understand where the figures for the obligations were derived from. It also appears that the amount the text have for TNCA is a typo since they have (700,000 – 87,500 = 525,000) which looks impossible.

[Author]

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