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A call option with an exercise price of $25 and four months to expiration has a price of $2.75. The stock is currently priced at

A call option with an exercise price of $25 and four months to expiration has a price of $2.75. The stock is currently priced at $23.80, and the risk-free rate is 2.5 percent per year, compounded continuously.

What is the price of a put option with the same exercise price?

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