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You are considering purchasing a put option on a stock with a current price of $28. The exercise price is $31, and the price of
You are considering purchasing a put option on a stock with a current price of $28. The exercise price is $31, and the price of the corresponding call option is $2.75. According to the put-call parity theorem, if the risk-free rate of interest is 7% and there are 90 days until expiration, the value of the put should be Multiple Choice O O $2.75 $2.75 o $5.24 O $5.36 O $6.83
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