28.4 Correct Discount Rates are Counter-Intuitive Correct discount rate for a call option is 42.6% Correct discount rate for a put option is 52.5% Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 28.4 Correct Discount Rates are Counter-Intuitive • Correct discount rate for a call option is 42.6% • Correct discount rate for a put option is –52.5%