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This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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February 1, 2017 at 12:43 pm #370489
shilpamary
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q26 bpp revision kit.When i solved i got d1 negative so shouldn’t be N(d1)=0.5 – 0.239 ,why its added?
February 1, 2017 at 3:54 pm #370577
John Moffat
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The question asks for the value of a put option.
Read the note at the end of part (a). Minus a negative figure gives a positive figure.
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