Explain the strike price and time to maturity

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All options in this question are European. You are in Japan. The Nikkei is currently at 532.83, and pays a dividend rate of 0.70% per annum. You observe a Nikkei put option maturing in 10 months, with strike price 538.25 trading at a price of $18.35. The interest rate, with continuous compounding is 3.90%. What is a fair price for a Nikkei call option with the same strike price and time to maturity?

Reference no: EM133083429

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