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Check my work 5 A stock is currently priced at $45 and will move up by a factor of 123 or down by a factor

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Check my work 5 A stock is currently priced at $45 and will move up by a factor of 123 or down by a factor of 61 each period over each of the next two periods. The risk-free rate of interest is 3 percent. What is the value of a put option with a strike price of $547 (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of a put option ned os rences

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