A European call has a strike price of $42.50. The underlying stock's price is $43.40. What is the lower price bound of this call?
A) $0.00
B) $0.30
C) $0.60
D) $0.90
E) $1.00

Question

Quizplus · Accepted Answer

The Answer of A European call has a strike price of $42.50. The underlying stock's price is $43.40. What is the lower price bound of this call?
A) $0.00
B) $0.30
C) $0.60
D) $0.90
E) $1.00

A European Call Has a Strike Price of $42