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A stock is currently selling for 77 per share. A call option with an strike (exercise ) price of 81 sells for $4.8 and expires
A stock is currently selling for 77 per share. A call option with an strike (exercise ) price of 81 sells for $4.8 and expires in 3 months. If the risk-free rate of interest is 2.5% per year, compounded continuously, what is the price of a put option with the same strike( exercise) price? (DO NOT ROUND intermediate steps, ONLY round and format your final answer into ONE decimal.)
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