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Using a “trial-and-error” approach, estimate how high the strike price has to be in Problem 12.17 for it to be optimal to exercise the option immediately.
Problem 12.18.
Using a “trial-and-error” approach, estimate how high the strike price has to be in Problem 12.17 for it to be optimal to exercise the option immediately.
Problem 12.18.
Using a “trial-and-error” approach, estimate how high the strike price has to be in Problem 12.17 for it to be optimal to exercise the option immediately.
Problem 12.18.
Using a “trial-and-error” approach, estimate how high the strike price has to be in Problem 12.17 for it to be optimal to exercise the option immediately.
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