The stock of Lead Zeppelin, a metal manufacturer, currently sells for $86 and has an annual standard

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The stock of Lead Zeppelin, a metal manufacturer, currently sells for $86 and has an annual standard deviation of 41 percent. The risk-free rate is 6 percent. What is the value of a put option with a strike price of $85 and 33 days to expiration?

Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.
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