The blackscholes value of a one-year at-the-money put


Taggart Transcontinental's stock has a variance of 6.25% and a current stock price of $40 per share. Taggart pays $1 dividend every quarter. The risk-free interest rate is 4%. The BlackScholes value of a one-year, at-the-money put option on Taggart stock is closest to:

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Financial Management: The blackscholes value of a one-year at-the-money put
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