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D Question 9 5 pts A 1-year European put option on a non-dividend-paying stock is currently selling for $2. The stock price is $45, the

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D Question 9 5 pts A 1-year European put option on a non-dividend-paying stock is currently selling for $2. The stock price is $45, the strike price is $51. The risk-free interest rate is 2% per annum for all maturities (continuously compounded). If there exists an arbitrage opportunity, please state clearly the arbitrage strategy and the gain. If not please explain why. (5 marks) Edit View Insert Format Tools Table 12pt Paragraph BIU A TO . : IS W A $

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