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The current stock price of IBM is $61. A put option on IBM with an exercise price of $69 sells for $5 and expires in
The current stock price of IBM is $61. A put option on IBM with an exercise price of $69 sells for $5 and expires in 6 month(s). If the risk-free rate is 1.8% per year, what is the price of a call option on IBM with the same exercise price and expiration date (keep two decimal places)?
and no the answer is not -2.38.
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