Question #64
Reading: Reading 27 Valuation and Analysis of Bonds With Embedded Options
PDF File: Reading 27 Valuation and Analysis of Bonds With Embedded Options.pdf
Page: 19
Status: Unattempted
Part of Context Group: Q63-64
Shared Context
Question
Assume that the bond is putable in one year at par ($100) and that the put will be exercised if the computed value is less than par. What is the value of the put option?
Answer Choices:
A. $0.42
B. $1.86
C. $3.70
No explanation available for this question.