There is an american put option on a stock that expires in


There is an American put option on a stock that expires in two months. The stock price is $82, and the standard deviation of the stock returns is 67 percent. The option has a strike price of $90, and the risk-free interest rate is an annual percentage rate of 6 percent. What is the price of the option?

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Financial Management: There is an american put option on a stock that expires in
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