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When the non-dividend paying stock price is $30, the strike price is $29, the risk-free rate is 4% with continuous compounding, the volatility is 20%
When the non-dividend paying stock price is $30, the strike price is $29, the risk-free rate is 4% with continuous compounding, the volatility is 20% and the time to maturity is 6 months which of the following is the price of a European put option on the stock?
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30N(-0.45)-28.43N(-0.31)
28.43N(-0.45)-30N(-0.31)
30N(-0.31)-28.43N(-0.45)
28.43N(-0.31)-30N(-0.45)
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