answer is ” C ” , as per calculating the price for BINARY ASSET OR NOTHING call option, i did S*N(d1)*e^-qt
took S=40, N(d1)=0.580, q=4% & t=0.5
did many times answer is not matching to as the answer given for this question at the back i.e. 23.20. mine is coming to be 22.74 something, please help what im doing wrong? coz I’m doing the math correct
q is not equal to 4%. Rf = 4%
then what will be q ?