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A put option on a stock with a current price of $52 has an exercise price of $54. The price of the corresponding call option

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A put option on a stock with a current price of $52 has an exercise price of $54. The price of the corresponding call option is $5.10. According to put-call parity. If the effective annual risk-free rate of interest is 4% and there are three months until expiration, what should be the price of the put? (Do not round intermediate calculations. Round your answer to 2 decimal ploces.)

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