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ING Stock Currently Sells for $38

Question 34

Multiple Choice

ING Stock currently sells for $38. A one-year call option with strike price of $45 sells for $9, and the risk-free interest rate is 4%. What is the price of a one-year put with strike price of $45?


A) $9.00
B) $12.89
C) $16.00
D) $18.72
E) $14.27

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