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A.K. Scott’s stock is selling for $37 a share. A 3-month call on this stock with a strike price of $38 is priced at $2.

Posted: Mon May 02, 2022 9:20 am
by answerhappygod
A.K. Scott’s stock is selling for $37 a share. A 3-month call on
this stock with a strike price of $38 is priced at $2. Risk-free
assets are currently returning 0.28 percent per month.
(a) What should be the price of a 3-month put option on this
stock with a strike price of $38?
(b) Which of the two options is currently in the money and does
that accord with your conclusions about their relative prices?