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Use the replicating-portfolio approach (instead of the risk-neutral valuation approach) to find the value of a put option on $15,000 with a strike price of
Use the replicating-portfolio approach (instead of the risk-neutral valuation approach) to find the value of a put option on $15,000 with a strike price of 10,000.
i$ = 7.1%, i = 5%
S0($/) = $1.50/1.00
S1($/) is either $1.80/ or $1.20/
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