The current price of a stock is 34 and the annual risk-free, Ask an Expert

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The current price of a stock is $34, and the annual risk-free rate is 3%. A call option with a strike price of $32 and 1 year until expiration has a current value of $7.40. What is the value of a put option written on a stock with the same exercise price and expiration date as the call option? Round your answer to the nearest cent.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92078541

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