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Dynamic Energy Systems stock is currently trading for $38 per share. The stock pays no dividends. A one-year European put option on Dynamic with a
Dynamic Energy Systems stock is currently trading for $38 per share. The stock pays no dividends. A one-year European put option on Dynamic with a strike price of $47 is currently trading for $9.14. If the risk-free interest rate is 9% per year, what is the price of a one-year European call option on Dynamic with a strike price of $47?
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