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The price of a non-dividend paying stock is $20, the strike price is $20, the risk-free rate is 6%, the volatility is 20%, and the

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The price of a non-dividend paying stock is $20, the strike price is $20, the risk-free rate is 6%, the volatility is 20%, and the time to maturity is 3 months. Using the Black-Scholes option pricing model (below), what is the price of a put option on this stock? Show all work. (10 points)

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