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5. [1 point] - Isabelle is looking at a European put option on a non-dividend paying stock when the stock price is $82. If the

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5. [1 point] - Isabelle is looking at a European put option on a non-dividend paying stock when the stock price is $82. If the strike price is $90, what is the lower bound on the put option? Assume the risk- free rate is 5%, continuously compounded, and the option matures in 7 months

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