Currently a stock price is 80 it is known that at the end


Currently, a stock price is $80. It is known that at the end of 4 months it will be either $71 or $90. The risk-free rate is 6% per annum with continuous compounding. What is the value of a 4-month European put option with a strike price of $80?

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Finance Basics: Currently a stock price is 80 it is known that at the end
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