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Suppose ABCs stock price is currently $10. A one-year put option on the stock with an exercise price of $12 has a value of $2.42.

Suppose ABCs stock price is currently $10. A one-year put option on the stock with an exercise price of $12 has a value of $2.42. Calculate the price of an equivalent call option if the one-year risk free interest rate is 4% (annual compounding) A. $0.42 B. $0.88 C. $0.90 D. $4.80 E. None of the above

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