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A put option with a strike price of $200 has 4 months until expiration. The underlying asset now costs $193. The annualized risk-free rate in
A put option with a strike price of $200 has 4 months until expiration. The underlying asset now costs $193. The annualized risk-free rate in the economy is 3.8%. Assume that when the put is about to expire 4 months from now, the underlying asset is worth $191. What is the value of the put right before expiration?
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