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The share price is currently $80. At the end of three months, it will be either $84 or $76. Ignoring interest rates and the exercise

The share price is currently $80. At the end of three months, it will be either $84 or $76. Ignoring interest rates and the exercise price of $79 for a three-month European put option. You must use both the methods of setting up the delta-hedged portfolio and the risk-neutral probability method. Calculate the value of a three-month European put option

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