Who explained put–call parity
Who explained put–call parity?
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In 1956 Kruizenga and 1961 Reinach explained put–call parity.
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The AB Corp stock has a β of 1.15 and it will pay a dividend of $2.50 next year. The expected rate of return of the market is 17% and the current riskless rate is 9%. The expected rate of progress of AB is 4%. Find the value of its common stock.
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