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5: The price of a nondividend paying stock is So = $26: The price of a 3 month call option on the stock with exercise

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5: The price of a nondividend paying stock is So = $26: The price of a 3 month call option on the stock with exercise price K=$30 is C = $2. Assume that the risk-free rate is r= .06 per year. Assume continuous discounting. If put call parity holds, find the price of a put option.

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