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Non-dividend paying stock XYZ is trading at $20. The continuously compounded risk free rate is 2%. The minimum price of a four-month American put option

Non-dividend paying stock XYZ is trading at $20. The continuously compounded risk free rate is 2%. The minimum price of a four-month American put option at strike $22 is:

Group of answer choices $1.89 $2.00 $1.27 $0

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