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Suppose the exchange rate is $0.77/A$, the Australian dollar-denominated continuously compounded interest rate is 4%, the US dollar- denominated continuously compounded interest rate is 8%,

Suppose the exchange rate is $0.77/A$, the Australian dollar-denominated continuously compounded interest rate is 4%, the US dollar- denominated continuously compounded interest rate is 8%, and the price of a 9-month $0.75-strike European call on the Australian dollar is $0.1385. What is the value of a 9-month $0.75-strike European put on Australian dollar?

a.$0.0818

b.0.1185

c.$0.1030

d.0.1412

e.$0.0976

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