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Please i need detailed step by step solutions for this question 30. What is the value of a 3-month put with a strike price of

image text in transcribedPlease i need detailed step by step solutions for this question
30. What is the value of a 3-month put with a strike price of $45 given the Black-Scholes Option Pricing Model and the following information? Stock price Exercise price $46 $45 Time to expiration 25 Risk-free rate 3-month 45 call 065 $4.96 31The assets of Bill's Boats are currently worth $47,600. These assets are expected to be worth either $45,000 or $53,000 one year from now. The company has a pure discount bond outstanding with a $50,000 face value and a maturity date of one year. The risk-free rate is 4 percent. What is the value of the equity in this firm? (Round your answer to the nearest whole dollar.)

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