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Consider an American call option and an American put option, each with 3 months to maturity, written on a non-dividend-paying stock currently priced at USD

Consider an American call option and an American put option, each with 3 months to maturity, written on a non-dividend-paying stock currently priced at USD 40. The strike price for both options is USD 35.00 and the risk-free rate is 1.5%. What are the lower and upper bounds on the difference between the prices of the call and put options?

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