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2. What is the price of a European put option on a non-dividend-paying stock when the stock price is $68, the strike price is

2. What is the price of a European put option on a non-dividend-paying stock when the stock price is $68, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is six months?

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