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An equity is currently priced at 75. The equity will either increase or decrease by 15% over the next year. Assume a risk-free interest rate

An equity is currently priced at 75. The equity will either increase or decrease by 15% over the next year. Assume a risk-free interest rate of 12%, and an exercise price of 70. What is the put price with the same exercise price? (Need clear answer with details)

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