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Business, 30.08.2021 14:00 shayshay7874

The common shares of Twitter, Inc. (TWTR) recently traded on the NYSE for $22.30 per share. You have employee stock options to purchase 1,000 TWTR shares for $21.7 per share. The options expire in three years. Assume that the annualized volatility of TWTR stock is 89.2 percent and that the interest rate is 2.9 percent. (Assume the options are European options that may only be exercised at the maturity date.)

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The common shares of Twitter, Inc. (TWTR) recently traded on the NYSE for $22.30 per share. You have...
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