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A put option that expires in four months with an exercise price of $55 sells for $3.87. The stock is currently priced at $57, and
A put option that expires in four months with an exercise price of $55 sells for $3.87. The stock is currently priced at $57, and the risk-free rate is 2.8 percent per year, compounded continuously. What is the price of a call option with the same exercise price?
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