Question: Please do not use an online calculator and solve those questions with explanations and equations. Compute the value of a put option for company X

Please do not use an online calculator and solve those questions with explanations and equations.

Please do not use an online calculator and solve those questions with

Compute the value of a put option for company X based on the following details: Stock price = $ 26.6, strike price = $ 25.6, Call option price = $ 5.1, interest (r) = 0.4 % (daily) and t = 95 days. (Round to one decimal place)

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