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3. A nondividend paying stock has price 30 . You are given: (i) The continuously compounded risk-free interest rate is 5%. (ii) A 6-month European

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3. A nondividend paying stock has price 30 . You are given: (i) The continuously compounded risk-free interest rate is 5%. (ii) A 6-month European call option on the stock costs 3.10. (iii) A 6-month European put option on the stock with the same strike price as the call option costs 5.00. Determine the strike price

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