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Consider a European put option based on a stock that currently trades for $194.7. The put expires in 63 days and has an exercise price

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Consider a European put option based on a stock that currently trades for $194.7. The put expires in 63 days and has an exercise price of $200. Annualized volatility of the stock is 48%. The underlying stock pays no dividends. The dealer quotes a risk-free rate of 5.9%. A) Price the put option. B) Calculate the option's Vega C) Interpret what Vega Means

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