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The current price of YBM stock S is $55. At-the-money European options with a strike price K = S and maturing in T = 6

The current price of YBM stock S is $55. At-the-money European options with a strike price K = S and maturing in T = 6 months trade on YBM. The continuously compounded, risk-free interest rate r is 1.8 percent per year. If the call price is $5.22, then the no-arbitrage put price is

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