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A stock pays continuous dividends proportional to its price at rate . You are given: (i) The stock price is 40 . (ii) The continuously

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A stock pays continuous dividends proportional to its price at rate . You are given: (i) The stock price is 40 . (ii) The continuously compounded risk-free interest rate is 4%. (iii) A 3-month European call option on the stock with strike 40 costs 4.10 . (iv) A 3-month European put option on the stock with strike 40 costs 3.91. Determine

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