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A stock pays dividends of 1 every three months, currently has a price of 58.70. For this stock you wish to offer Call(55.2) and a

A stock pays dividends of 1 every three months, currently has a price of 58.70. For this stock you wish to offer Call(55.2) and a Put(65.3), determine the lower and upper limits for these options so that arbitrage is not allowed using a risk-free interest rate of 4.5% per annum.

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