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A risky security sells today for $168. A put option on the risky security has exercise date of 16 months and strike price of $260

A risky security sells today for $168. A put option on the risky security has exercise date of 16 months and strike price of $260 The value of the security at time 16 months will be less than $210. The risk-free rate is 4.1% compounded continuously. Find the put price on the option. Round your answer to the nearest cent.

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