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Firm ABC has a current stock price of $45. A put option on this stock has a strike price of $45 and expires in 1

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Firm ABC has a current stock price of $45. A put option on this stock has a strike price of $45 and expires in 1 year. The price of the put is $1.20. What is the price of a call option on ABC if the call has a strike price of $45 and expires in 1 year? The risk-free rate is 3%. (Hint: use the put-call parity relationship)

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