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Q: What are the prices of a call option and a put option with the following characteristics? (Do not round intermediate calculations and round your

Q: What are the prices of a call option and a put option with the following characteristics? (Do not round intermediate calculations and round your final answers to 2 decimal places.

Stock price = $83

Exercise price = $80

Risk-free rate = 3.70% per year, compounded continuously

Maturity = 5 months

Standard deviation = 56% per year

What is the Call price?

What is the Put price?

Please show all work.

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