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hull.13.08
by
btzoho
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Hull 13.08
Stock Price
$38.00
Exp Return
16.0%
Volatility
35.0%
Period (Years)
0.5
Distribution of LN(St) is ~N()
Expected
3.687
Std Dev
0.2475
Exercise @
$40.00
13.08a (call)
49.69%
13.08b (put)
50.31%
95% VaR
Significance
5%
One-tail
(1.645)
Two-tail
(1.960)
13.08c. Lower of Interval
$24.58
13.08c. Upper of Interval
$64.85
13.08d. VaR (One-tail)
$26.57
Expected Price
$39.92
13.08d. Absolute VaR
$11.43
13.08d. Relative VaR
$13.35
Checking w/ Hull method:
3.687
0.06
0.25
24.57906
64.84680
Hull_13_08
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