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RST, Inc. stock is currently trading for $33 per share. The stock pays no dividends. A one-year European call option on RST with a strike
RST, Inc. stock is currently trading for $33 per share. The stock pays no dividends. A one-year European call option on RST with a strike price of $36 is currently trading for $2.99. If the risk-free interest rate is 6% per year, what is the price of a one-year European put option on RST with a strike price of $36? (Rounded to the nearest cent.)
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