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please need urgent answer for this question i really appreciate it The spot price of a stock is currently $60. It is known that at

please need urgent answer for this question
i really appreciate it
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The spot price of a stock is currently $60. It is known that at the end of three months it will be either $55 or $65. The risk-free interest rate is 6% per annum with continuous compounding. What is the value of a six-month European put option with a strike price of $60? Use no-arbitrage arguments. (Total)

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