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(D) A stock price is currently AUD 70; the risk-free rate is 5% and the volatility is 30%. What is the value of a

(D) A stock price is currently AUD 70; the risk-free rate is 5% and the volatility " is 30%. What is the value of a two-year American put option with a strike price of AUD 72? (09 Marks) (Hint: Assume there are two-time steps)

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