Question

Id 371
Number 2
Description Due to the recent sharp rise in CWI’s share price, SCSI is recommending that clients consider protective put strategies for three- to six-month tenors. If you observe that a six-month CWI call option at an exercise price of CNY120 is trading at a price of CNY22.60, which answer is closest to what you would expect to pay for a six-month put option with the same underlying terms?