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XYZ Company has a stock price of $100 and a one-year option with a strike price of $95. Assuming an upper stock price of $130

XYZ Company has a stock price of $100 and a one-year option with a strike price of $95. Assuming an upper stock price of $130 and a lower stock price of $80, and an interest rate of 8%. Verify that the price of a put is $6.111

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