The price of a non-dividend paying stock is 19 and the, Financial Management

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The price of a non-dividend paying stock is 19 and the

The price of a non-dividend paying stock is $19 and the price of a three-month European call option on the stock with a strike price of $20 is $1.2. The risk free rate is 4% per annum. What is the price of a three-month European put option with a strike price of $20.

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Financial Management: The price of a non-dividend paying stock is 19 and the

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