16. Stock DEF is trading at $100 and is expected to pay a dividend of $3 in three months. The European call at strike 95 with half-year maturity is priced at $7. If the flat term structure of interest rates is 5% find a lower bound on the price of the American put option.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.