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A call option is currently selling for $5.2. It has a strike price of $40 and five months to maturity. The current stock price is

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A call option is currently selling for $5.2. It has a strike price of $40 and five months to maturity. The current stock price is $42, and the risk-free rate is 5.4 percent. The stock will pay a dividend of $1.5 in two months. What is the price of a put option with the same exercise price? (Round your answer to 2 decimal places. Omit the "\$" sign in your response.)

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