easy · FRM Part 1 Financial Markets and Products

Under put-call parity, what happens if the spot price S_0 equals the present value of the strike price Ke^-rT?

  1. The options must both be trading at their intrinsic value
  2. The market must be in backwardation
  3. The European call price must equal the European put price
  4. The volatility σ must be zero

Sign up free to see the explanation and track your rank →

More FRM Part 1 Financial Markets and Products practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 75,000+ practice questions, 26,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials