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The stock price of Bravo Corporation is currently $105. The stock price a year from now will be either $160 or $55 with equal probabilities.

The stock price of Bravo Corporation is currently $105. The stock price a year from now will be either $160 or $55 with equal probabilities. The interest rate at which investors invest in riskless assets is 6%. Using the binomial OPM, the value of a put option with an exercise price of $140 and an expiration date 1 year from now should be worth. today

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