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3. The stocks for American Arborist, Inc. are selling for $80. A six-month call option with a $90 strike price goes for $2. The risk-free

3. The stocks for American Arborist, Inc. are selling for $80. A six-month call option with a $90 strike price goes for $2. The risk-free rate is 1% per month. What's the value of a six-month put option with a $90 strike price?

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