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Qui What is the price of a European put option on a non-dividend-paying stock when the stock price is $50, the strike price is $55,

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Qui What is the price of a European put option on a non-dividend-paying stock when the stock price is $50, the strike price is $55, the risk-free interest rate is 3% per annum, the standard deviation is 20% per annum, and the time to maturity is six months? hint: use the BS model) Pa i 8 Select one: O A. $0 B. $5.89 Pa o C. $1.31 O D. $5.49 18

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