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You are considering purchasing a put option on a stock with a current price of $44. The exercise price is $47, and the price of

You are considering purchasing a put option on a stock with a current price of $44. The exercise price is $47, and the price of the corresponding call option is $3.55. According to the put-call parity theorem, if the risk-free rate of interest is 5% and there are 90 days until expiration, the value of the put should be ____________.

$3.55

$5.99

$6.11

$7.58

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