You own a lot in key west, florida, that is currently unused. similar lots have recently sold for $1,330,000 million. over the past five years, the price of land in the area has increased 7 percent per year, with an annual standard deviation of 33 percent. you would like an option to sell the land in the next 12 months for $1,480,000. the risk-free rate of interest is 3 percent per year, compounded continuously. what is the price of the put option necessary to guarantee your sales price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

the required function is .

step-by-step explanation:

from the given table it is noticed that the graph passing through (-3,7), (0,4), (3,1) and (8,-4).

it is a linear function because the value of y is decrease by one as the value of x increase by 1.

the slope of the function is

the slope of the function is -1 and the y-intercept is 4.

the slope intercept form is

where, m is slope and b is y-intercept.

therefore the required function is . the graph of this function is shown below.

4 + 5 7/9= 9 7/9

step-by-step explanation:

3x + 4y -25 =0 represents the amount of change sianna should recieve

step-by-step explanation:

bob the banana