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A stock with an annual standard deviation of 2 4 percent currently sells for $ 7 4 . The risk - free rate is 3

A stock with an annual standard deviation of 24 percent currently sells for $74. The risk-free rate is 3.7 percent. What is the value of a put option with a strike price of $75 and 74 days to expiration? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)
Value of a put option
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