What is the delta of a put option with strike price

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IBM stock currently sells for 92 dollars per share. Over 3 months the price will either go up by 9.5 percent or down by -6.0 percent. The risk-free rate of interest is 3.5 percent continuously compounded. What is the delta of a put option with strike price 89 and maturity of 3 months?

Reference no: EM132999799

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