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Barcelona stock price is S= $50. In a two-period case, the Barcelona stock price can go up or down by 10%. Given that the strikeprice

Barcelona stock price is S= $50. In a two-period case, the Barcelona stock price can go up or down by 10%. Given that the strikeprice is K=$55 and the risk-free rate is 4%, what is the price of an American put?

3.88

7.88

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