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A put option on a stock with a current price of $30 has one year until expiration and an exercise price of $35. The price
A put option on a stock with a current price of $30 has one year until expiration and an exercise price of $35. The price of the corresponding call option is $3.00. The annual risk-free interest rate is 4%. According to put-call parity, what is the price of the put option?
Group of answer choices
$8.00
$5.00
$6.65
$2.00
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