Question: Problem 15-8 Put-Call Parity (LO4, CFA1) A call option is currently selling for $3.10. It has a strike price of $70 and three months to

Problem 15-8 Put-Call Parity (LO4, CFA1) A call option is currently selling for $3.10. It has a strike price of $70 and three months to maturity. What is the price of a put option with a $70 strike price and three months to maturity? The current stock price is $72, and the risk-free interest rate is 4.2 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Put price $ 0.37
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