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What is the price of a European put option on a non-dividend paying stock when the stock price is $69, the strike price is $70,
What is the price of a European put option on a non-dividend paying stock when the stock price is $69, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35%per annum, and the time to maturity is six months? Please give me step by step by step instructions.
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