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10 5 points Problem 21-12 (Algo) Use the Black-Scholes formula for the following stock: Time to expiration Standard deviation 6 months 49% per year

10 5 points Problem 21-12 (Algo) Use the Black-Scholes formula for the following stock: Time to expiration Standard deviation 6 months 49% per year eBook Exercise price $60 Stock price $58 References Annual interest rate 5% Dividend Calculate the value of a put option. Note: Do not round intermediate calculations. Round your answ Value of a put option

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