Find the quoted per share price of the 40 conversion

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Question - The price of the stock is $37 and interest rates are 8% per annum continuously compounded and there are 2 years to expiration. If the price of the Call with strike of 40 is $9 per share quoted price and the price of the Put with strike of 40 is $7 per share quoted price then

Find the quoted per share price of the 40 conversion.

Reference no: EM132194244

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