What is the value of a put option written on the stock


Problem

The current price of a stock is $ 62.53 and the annual eftecthre risk-tree rate is 11.5 percent. A call option with an exercise price of $55 and one year until expiration has a current value of $ 11.56. What is the value of a put option written on the stock with the some exercise price and expiration date as the call option?

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Financial Management: What is the value of a put option written on the stock
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