Ima Greedy, the CFO of Financial Saving Techniques has been granted options on 200,000 shares. The stock is currently trading at $22 a share and the options are at the money. The volatility of the stock has been about.20 on an annual basis over the last several years. The option mature in 3 years and the risk free rate is 4%. Calculate N(d₁). A) 0.5054 B) 0.6508 C) 0.6983 D) 0.7047 E) 0.8096

Question

Quizplus · Accepted Answer

The Answer is C

Ima Greedy, the CFO of Financial Saving Techniques Has Been