Value of a european put option on apple stock

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Reference no: EM132842884

Calculate the value of a European put option on Apple stock. You are given the following parameter values:

  • The stock pays no dividends.
  • The exercise price is $115.
  • The interest rate is 4%
  • The current stock price is $115.
  • The time to maturity of the option on Apple is 3 months
  • The value of a European call option with the same maturity and strike is equal to $12.15.

Please provide calculation.

Reference no: EM132842884

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