Compute the fair value of an American call option with strike K = 110K=110 and maturity n = 10n=10 periods where the option is written on a futures contract that expires after 15 periods. The futures contract is on the same underlying security of the previous questions.

$4034.40

the perimeter of the field is the sum of the lengths of the four sides:

47 yd + 158 yd + 47 yd + 158 yd = 410 yd

the cost of 3 ft (1 yd) of fence is 3×$3.28 = $9.84.

so the cost of jake's wood perimeter fance is

(410 yd) × ($9.84 /yd) = $4034.40

the image is given below

since the options are not given so we draw it from the equation

the given equation is

y = (x-1) (x+4)

y = y² + 3x - 4

the above equation is a quadratic equation which will have two roots. if we draw the graph for it, it will look like this