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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. Round your Z scores to 2 decimal spaces and provide an answer accurate to the nearest cent without the $ sign.
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