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A stock price is currently $50. It is known that at the end of six months that the stock price will either increase or decrease

A stock price is currently $50. It is known that at the end of six months that the stock price will either increase or decrease by 9%. The risk-free interest rate is 10% per annum with continuous compounding. What is the value of a six-month European put option with a strike price of $54? (required precision 0.01 +/- 0.01)

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