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Assume that a certain stocks current price in the open market stands at $17.43 per share. The premium on the Put option for this stock

Assume that a certain stockscurrentprice in the open market stands at $17.43 per share. Thepremiumon the Put option for this stock is currently $3.89. If the call option has a strike price of $20, what is the options time premium?Show all work, carrying all calculations out to four (4) decimal places. Highlight your answer in bold.

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