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A stock price is $10 now. In 1 month it can go to up 10% or down 10%. The annual interest rate is 5% with

A stock price is $10 now. In 1 month it can go to up 10% or down 10%. The annual interest rate is 5% with continuous compounding. Using risk-free portfolios, determine the value of the one-month European put with a strike price 10 and European call with strike price 9.5.

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