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Evian, CFA2021-10-25 20:53:13
同学└(^o^)┘你好,
题目的意思问,在到期前,欧式看跌期权的内在价值,用英文表述应该是:
Prior to expiration, the lowest value of a European put option is the greater of zero or the: present value of the exercise price minus the value of the underlying.
在“0”和“X/(1+Rf)^(T-t)-St”中取最较大值。
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lowest value翻译过来是指最低值吧?是需要翻译为内在价值吗?
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a European put option is the greater of zero or the present value of the exercise price minus the value of the underlying.
这句话是在描述看跌期权合约的内在价值
the lowest value of a European put option
指的是欧式看跌期权的最低价值
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