Example AFI has SOLD for $300,000 a European call on 100,000 shares of a non-dividend paying stock: S 0 =49 =50 r=5%=20% μ=13% T =20 weeks The Black-Scholes value of the option is $240,000 How does the Fl hedge its risk?
UNIT 1 HIESTORY OF NUCLEAR POWER UNIT 2 DEMAND FOR ELECTRC POWER UNIT 3 RADIOACITIVITY UNIT 4 NUCLEAR FISSION UNIT 5 GENERAL FEATURES OF NECLEAR REACTORS UNIT 6 REACTOR CONTROL UNIT 7 INSTRUMENTATION UNIT 8 ENERGY REMOVAL UNIT 9 REACTOR MATERIALS UNIT 10 REACTOR SAFETY UNIT 11 QYALITY ASSURANCES UNIT 12 INTRODUCTION TO PWR NPP UNIT 13 REACTOR VESSSEL AND INTERNALS UNIT 14 REACTOR CORE UNIT 15 PRESSURIZER UNIT 16 STEAM GENETATOR UNIT 17 REACTOR COOLANT PUMP