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Business, 14.05.2021 17:30 bella122805

A one-year binary cash-or-nothing call option with strike at $120 pays $1 at expiration if the stock price of SysCom is equal to or above $120 one year later (note: this is not the standard call option!). On the other hand, a one-year binary cash-or-nothing put option with strike at $120 pays $1 at expiration if the stock price is below $120 one year later. Suppose we know that the price of this binary call option is $0.51. What is the price of the binary put-option

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A one-year binary cash-or-nothing call option with strike at $120 pays $1 at expiration if the stock...
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