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Use the Black-Scholes option pricing model to calculate the price of a put option with the following parameters: Stock price: $50 Strike price: $45 Time
- Use the Black-Scholes option pricing model to calculate the price of a put option with the following parameters:
- Stock price: $50
- Strike price: $45
- Time to expiration: 6 months
- Risk-free rate: 4%
- Volatility: 25%
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