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3. Assume that the price of a 3-month European call option on a non- dividend paying stock with stock price $100 and strike price $90

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3. Assume that the price of a 3-month European call option on a non- dividend paying stock with stock price $100 and strike price $90 is $11.67. The risk-free interest rate is 5% per annum. What is the price of the European put option on the same stock with the same strike and maturity

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