What is the price of put option with the same exercise price

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Reference no: EM131826510

A stock is currently selling for $62 per share. A call option with an exercise price of $64 sells for $3.10 and expires in three months.

If the risk-free rate of interest is 2.2 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Put price $

Reference no: EM131826510

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