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show work 4. [1 point) Assume the price of a European call option on a non-dividend paying stock is $12.40. The stock price is $305

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4. [1 point) Assume the price of a European call option on a non-dividend paying stock is $12.40. The stock price is $305 and the strike price is $312. If the risk-free rate is 3% and the option matures in 12 months, what is the price of the put option assuming put call parity holds

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