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A.K. Scott's stock is selling for $33.00 a share. A 3-month call on this stock with a strike price of $31.00 is priced at $3.00.

A.K. Scott's stock is selling for $33.00 a share. A 3-month call on this stock with a strike price of $31.00 is priced at $3.00. Risk-free assets are currently returning .16 percent per month. What is the price of a 3-month put on this stock with a strike price of $31.00?

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