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please do it in 10 minutes will upvote 10. The current price of a non-dividend-paying stock is $40. Over the next year it is expected

please do it in 10 minutes will upvote
10. The current price of a non-dividend-paying stock is $40. Over the next year it is expected to rise to $42 or fall to $37. An investor buys put options with a strike price of $41. What is the value of each option? The risk-free interest rate is 2% per annum with continuous compounding

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