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ter 21 Use the Black-Scholes formula for the following stock: Time to expiration Standard deviation Exercise price Stock price Annual interest rate Dividend 6 months

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ter 21 Use the Black-Scholes formula for the following stock: Time to expiration Standard deviation Exercise price Stock price Annual interest rate Dividend 6 months 44% per year $46 $44 41 0 Calculate the value of a put option. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of a put option

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