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3. If it costs 20 for an investor to get into a covered call with strike at 25, what is no arbitrage value for a
3. If it costs 20 for an investor to get into a covered call with strike at 25, what is no arbitrage value for a put with strike at 25 and the same maturity? Assume interest rate is zero. 3. If it costs 20 for an investor to get into a covered call with strike at 25, what is no arbitrage value for a put with strike at 25 and the same maturity? Assume interest rate is zero
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