13.4 Extension of Chapter 8 Results (Equations 13.1 to 13.3) Lower bound for calls c≥Sey-Ker7 Lower bound for puts T p≥Ke-S q T 已 Put Call Parity Ctke=p+seat Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 13.4 Extension of Chapter 8 Results (Equations 13.1 to 13.3) q T r T c S e Ke − −  0 − Lower Bound for calls: Lower Bound for puts r T qT p Ke S e − −  − 0 Put Call Parity r T q T c Ke p S e − − + = + 0