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You are considering purchasing a put option on a stock with a current price of $56. The exercise price is $60, and the price of
You are considering purchasing a put option on a stock with a current price of $56. The exercise price is $60, and the price of the corresponding call option is $4.15. According to put-call parity, if the riskfree rate of interest is 6% and there is 1 year until expiration, what is the value of the put?
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