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Use the following information calculate the options price. You are analyzing a put option for Airbuss stock, which is currently priced at $215 per share

Use the following information calculate the options price. You are analyzing a put option for Airbuss stock, which is currently priced at $215 per share (stock price). The options exercise price is $206. The option has a three-month time to maturity, the 3-month risk-free rate is 0.8% and the market return is expected to be 5.2%. You expect the following possible stock prices in three months ($153 or $229). Calculate the value of this option using the risk-neutral probability method. You will be asked to input some of your work below.

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