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Suppose ABC's stock price is currently $50. In the next 9 months it will either fall to $41 or rise to $65. What is the

Suppose ABC's stock price is currently $50. In the next 9 months it will either fall to $41 or rise to $65. What is the current value of an at-the-money put option with 9-months to expiration? The continuously compounded risk-free rate is 2.40 percent

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