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#5 Options Question. Please help! 5. [1 point] Joe is looking at a European put option on a non-dividend paying stock when the stock price

#5 Options Question. Please help!
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5. [1 point] Joe is looking at a European put option on a non-dividend paying stock when the stock price is $30. If the strike price is $35, what is the lower bound on the put option? Assume the risk- free rate is 46%, continuously compounded, and the option matures in 5 months

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