The Buckingham Casino offers to give every gambler one share of Buckingham Casino Corp. stock if the price drops below $40.00, as an incentive to spur business
If S = $45.25, ? = 0.15,
r = 0.05 and div = 0, how much is this offer worth if it expires in 30 days?
A) $0.36
B) $0.26
C) $0.16
D) $0.06
D
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What will be an ideal response?
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What will be an ideal response?