What is the price of a European put option

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Question - What is the price of a European put option if the price of the equivalent call option is $3.00 and the share price, exercise price and risk-free rate are $4.00, $3.50, and 1% per month (compounded), respectively, given the option has four months to expiry?

a) $2.75

b) $2.36

c) $3.57

d) $3.64

e) None of the above answers is correct.

Reference no: EM133049227

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