What is the value of a six-month european put on oil futures

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Question - What is the value of a six-month European put on oil futures with a strike price of $62? The futures price is currently $60 per barrel, its volatility is 30% p.a., and the risk-free interest rate is 5% p.a. Assume that each option is for 1,000 barrels of oil.

Reference no: EM132753928

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