Question: A stock is expected to pay $ 3 dividends per share in one and four months. Current price is 1 2 0 . Risk -

A stock is expected to pay $3 dividends per share in one and four months. Current price is 120. Risk-free interest rate of 8% annually with annual compounding for maturities. European call option maturing in 6 months has a strike price of 120 and stands at $8.
What is the cost of European *put* option expiring in 6 months with strike price of 120?

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