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6. [2 points) Eric has a European call option that expires in 3 months. The call option has a strike price of $25 and is

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6. [2 points) Eric has a European call option that expires in 3 months. The call option has a strike price of $25 and is priced at $2.20. The price of the underlying stock is currently $26.65. A dividend of $0.50 is expected on the stock in 1 month. If the risk-free rate of interest is 8%, what is the price of a European put option with a strike price of $25, assuming put-call parity holds

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