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Nike Put Option Nike stock is currently trading at $57. Assume that its value in exactly one year is a random variable with the probability

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Nike Put Option Nike stock is currently trading at $57. Assume that its value in exactly one year is a random variable with the probability mass function given below. What is the fair premium for a one-year put option on Nike stock with a strike price of $52? Spot Price Probability $51 $42 $48 0.2 $54 $63 0.2 0.1 0.1 0.4

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