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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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