Option Theory

Options Puzzle at Zero Interest

Difficulty
x xxxxxxxx xxxx xxxxxx xx x xxxxx xxxx x xxxxxx xxxxx xx $xx xxx xxx xxxx xx xxxxxxxxxx xx xxxxxxx xx $x. xxx xxxxxxx xxxxx xxxxx xx $xx, xxx xxx xxxx-xxxx xxxxxxxx xxxx xx x%. xxxx xx xxx xxxx xxxxx xx x xxxxxxxx xxx xxxxxx xxxx xxx xxxx xxxxxx xxx xxxxxx?

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