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A 40-strike European put on a stock has a premium of 4. A 50-strike European put on the stock has a premium of 9. The

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A 40-strike European put on a stock has a premium of 4. A 50-strike European put on the stock has a premium of 9. The put options have the same time to expiry. Determine the highest possible price for a European put option with strike price 44

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