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The current stock price is $800. It may increase by 16% or decrease by $222 in 1 month. The risk-free interest rate is 0.053% per

The current stock price is $800. It may increase by 16% or decrease by $222 in 1 month. The risk-free interest rate is 0.053% per month. If the exercise price is $777, what is the put premium?

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