Exam MFE/3F Sample Questions and Solutions #1 to #76 - SOA.org
Apr 8, 2011 ... This result is given in Appendix 9A of McDonald (2006) but is not required for
Exam. MFE/3F. Nevertheless, you may want to try proving the inequalities as
follows: For the first inequality, consider a portfolio consisting of a European call
plus an amount of cash equal to PV0,T(Div) + K. For the second ...
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