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  3. stock xyz pays no dividends. the interest rate is

Stock XYZ pays no dividends. The interest rate is 3% continuously compounded. A 1-year at-the-money...

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Finance

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Stock XYZ pays no dividends. The interest rate is 3% continuously compounded. A 1-year at-the-money put costs $5 while a 1-year at-the-money straddle costs $11. The current price of the stock is S = $. (answer with one decimal, e.g., 12.3)

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