Chapt 9 #9,12,16, 22  (Properties of Stock Options)



Chapt 9
9. c>8.66
12.  p>2.75
16.  3 > p >= 2.41 


OTIS:  Look up option prices on SPY at http://finance.yahoo.com.  Verify in your OTIS journal that put and call prices satisfy the put-call parity inequality for American options.