NO.PZ2020021203000071
问题如下:
Is an in-the-money American call option on a nondividend-paying stock worth more than its intrinsic value? Explain.
解释:
Yes. An in-the-money American call on a non-dividend paying stock is worth at least S - PV(K), which is greater than S - K. It is never worth exercising the call early and so it must be worth more than its intrinsic value.
老师,请问结论跟是否是ITM有关系吗?下限就是S-PV(x),如果是OTM就不同了吗