g. determine the minimum and maximum values of European options and
American options;
The maximum value of a call option is the stock price - exercise price
The minimum value of an american call is 0 or intrinsic value. Because one can exercise the get the intrinsic value of the call.
In the case of a european call, the minimum value will be CMP - discounted value of exercise price. (As exercise price is paid only at termination date, its discounted value is taken as the present value of exercise price which the seller will get).
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