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A stock is currently selling for $63 per share. A call option with an exercise...

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Finance

A stock is currently selling for $63 per share. A call option with an exercise price of $70 sells for $3.93 and expires in three months. If the risk-free rate of interest is 2.4 percent per year, compounded continuously, what is the price of a put option with the same exercise price? Multiple Choice

$10.93

$10.09

$10.51

$10.89

$2.45

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