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8 A stock sels for $80 and the risk free rate of interest is 11 percent. A call and a put on this stock expire

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8 A stock sels for $80 and the risk free rate of interest is 11 percent. A call and a put on this stock expire in one year and both optons have an exercise price of $75. How would you trade to create a synthetic call option? If the put sells for $2, how much is the call option worth ? Assume continuous compounding

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