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() Consider otherwise identical (in terms of strike price, maturity, underlying, ...) European puts and calls on a non-dividend paying asset. What determines whether the

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() Consider otherwise identical (in terms of strike price, maturity, underlying, ...) European puts and calls on a non-dividend paying asset. What determines whether the call will be worth more than the put? Hint: use the put-call parity to arrive at a mathematical condition where the strike price is the key variable. Scratch your head and use English to describe this condition

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