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4. Use the information below and the Black-Scholes Option Pricing Model to find the price of a call. Stock price = $86 Exercise price =

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4. Use the information below and the Black-Scholes Option Pricing Model to find the price of a call. Stock price = $86 Exercise price = | $90 Risk-free rate 5.5% per year, compounded continuously Maturity = | 8 months Standard deviation-62% per year 5. A put option written on the stock of Taylor Enterprises (TE) has an exercise price of $25 and 6 months remaining until expiration. The risk-free rate is 6%. A call option written on TE has the same exercise price and expiration date as the put option. TE's stock price is S35. If the call option has a price of $12.05, what is the price of the put option

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