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Suppose that Stock XYZ is currently trading at $30 and does not pay any dividends. There is a European put option written on this stock

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Suppose that Stock XYZ is currently trading at $30 and does not pay any dividends. There is a European put option written on this stock with a strike of $30 and a maturity of three months. Assume that annual continuously compounded interest rate is 5% and the volatility of the stock is 20% per year. Compute the price of the put option using Black-Scholes formula

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