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An American put option on RE stock with a strike price of S55 and six-month expiration is selling at $3.2. RE pays no dividends and
An American put option on RE stock with a strike price of S55 and six-month expiration is selling at $3.2. RE pays no dividends and its stock price is currently $67. If the risk-free rate is 3.5%, what are the upper bound and lower bound on an American call option on RE stock with a strike price of $55 and six-month expiration?
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