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Suppose a European put has an exercise price of $110 on February 5. The put expires in 145 days. Suppose the appropriate discount rate on

Suppose a European put has an exercise price of $110 on February 5. The put expires in 145 days. Suppose the appropriate discount rate on Treasury bills maturing in 44 days is 7.615. What is the max value of the European put? If the put were instead an American put, what would be its max value?

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