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C+X/(1+rf)^t = P+S
1/(1+rf)^t = e^(-rfc*T) – if continuously compounded
continuous risk free rate: ln(1+.015) = 0.01489
Since there is a continuous dividend at ln(1.0322) = 0.0317
68+1000*e^(-0.01489*1)=P+890*e^-0.0317
P=1053.22 - 862.22 = 191.$ |
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