A stock is currently selling for 56 per share a call option


A stock is currently selling for $56 per share. A call option with an exercise price of $60 sells for$6.56 and expires in three months. If the risk-free rate of interest is 2.60%per year, compounded continuously, What is the price of a put option with the same exercise price?

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Financial Management: A stock is currently selling for 56 per share a call option
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