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A 12-month put at $50 is selling for $11, a 12-month call at $50 is selling for $1, and the risk-free rate is 6%.

A 12-month put at $50 is selling for $11, a 12-month call at $50 is selling for $1, and the risk-free rate is 6%. At what price, a stock must be traded to eliminate an arbitrage? a. 39.28 Ob.40.01 O c.37.17 O d.42.21

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