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Suppose that stock price of a stock is $15, the exercise price is $18, the risk-free interest rate is 8% per annum, the price of

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Suppose that stock price of a stock is $15, the exercise price is $18, the risk-free interest rate is 8% per annum, the price of a three-month European call option on the stock is $1.5. What will be the price of a three-month European put option on the stock if put-call parity holds

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