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Q12 A non-dividend-paying stock currently sells for $280. A 2-year European call option on the stock with the strike price of $260 sells for $40.

Q12 A non-dividend-paying stock currently sells for $280. A 2-year European call option on the stock with the strike price of $260 sells for $40. The risk-free rate is 2% per annum. If there is no arbitrage, what should be the price of the 2-year European put option with the same strike price? Group of answer choices $9.805 $12.174 $14.851 $29.805

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