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You buy a share of stock, write a one-year call option with a strike price X= $12, and buy a one-year put option with a
You buy a share of stock, write a one-year call option with a strike price X= $12, and buy a one-year put option with a strike price X= $12. Your net initial cost to establish the entire portfolio is $11.50. What must be the risk-free interest rate from now until the options maturity date? The stock pays no dividends. (Do not round intermediate calculations. Enter your answer as a percentage rounded to two decimal places.) (Do as a percentage roundeato Risk-free rate 0
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