Question: A call option is currently selling for $3.90. It has a strike price of $45 and five months to maturity. The current stock price is

A call option is currently selling for $3.90. It has a strike price of $45 and five months to maturity. The current stock price is $47, and the risk-free rate is 4 percent. The stock will pay a dividend of $1.45 in two months. What is the price of a put option with the same exercise price?

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