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Call by put-call parity. Consider a 1-year European put option that is currently valued at $2.55 on a $28.25 stock and a strike of $27.75.

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Call by put-call parity. Consider a 1-year European put option that is currently valued at $2.55 on a $28.25 stock and a strike of $27.75. The 1 -year continuously compounded risk-free rate is 8%. What the value of the corresponding call option? 5 Round your answor to the nearest cent

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