nerdexam
AFP

CTP · Question #223

(Topic 3) What is the premium (price) for an oil contract, if the following conditions are present? LIBOR rate of 5% Out of the money cost of $3 Strike price is $4 In the money price of $1…

The correct answer is C. $7. See the full explanation below for the reasoning.

Question

  • (Topic 3)

What is the premium (price) for an oil contract, if the following conditions are present? LIBOR rate of 5% Out of the money cost of $3 Strike price is $4 In the money price of $1 Speculative premium of $2

Options

  • A$3
  • B$5.25
  • C$7
  • D$7.35

How the community answered

(34 responses)
  • A
    3% (1)
  • B
    12% (4)
  • C
    79% (27)
  • D
    6% (2)

Community Discussion

No community discussion yet for this question.

Full CTP Practice