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Stock price = $85 Exercise price = $80 Risk-free rate = 3.80% per year, compounded continuously Maturity = 5 months Standard deviation = 55% per

Stock price = $85 Exercise price = $80 Risk-free rate = 3.80% per year, compounded continuously Maturity = 5 months Standard deviation = 55% per year Find the put price of the option by using the Table provided to you in class (or at the back of your textbook). Round your Z scores to 2 decimal spaces and provide an answer accurate to the nearest cent without the $ sign.

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