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Determine the appropriate price of a European put on a futures if the call is worth $6.55, the continuously compounded risk-free rate is 5.6 percent,
Determine the appropriate price of a European put on a futures if the call is worth $6.55, the continuously compounded risk-free rate is 5.6 percent, the futures price is $80, the exercise price is $75, and the expiration is in three months. a. $12.56 b. $0.54 c. $11.48 d. $1.62 e. none of the above
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