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derivatives securities, please provide detailed calculation Question 3 1/1 pts The price of an American call on a non-dividend-paying stock is $5. The stock price

derivatives securities, please provide detailed calculation
Question 3 1/1 pts The price of an American call on a non-dividend-paying stock is $5. The stock price is $62, the strike price is $60 and the expiration date is in three months. The risk-free interest rate is 8%. Derive the upper bound for the price of an American put on the same stock with the same strike price and expiration date. OP

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