A stock is currently selling for 70 per share a call option, Ask an Expert

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A stock is currently selling for $70 per share. A call option with an exercise price of $74 sells for $3.50 and expires in three months.

If the risk-free rate of interest is 3 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92762596

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