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You are considering purchasing a put option on a stock with a current price of $42. The exercise price is $44, and the price of

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You are considering purchasing a put option on a stock with a current price of $42. The exercise price is $44, and the price of the corresponding call option is $3.45. According to the put-call parity theorem, if the risk-free rate of interest is 4% and there are 90 days until expiration, the value of the put should be 56.63 $5.16 $3.45 $5.03

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