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You are considering purchasing a put option on a stock with a current price of $20. The exercise price is $23, and the price of
You are considering purchasing a put option on a stock with a current price of $20. The exercise price is $23, and the price of the corresponding call option is $2.35. According to the put-call parity theorem, if the risk-free rate of interest is 3% and there are 90 days until expiration, the value of the put should be ____________. |
$2.35
$5.18
$5.32
$6.79
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