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The current price of the futures contract is $30. A six-month call option on the futures...

The current price of the futures contract is $30. A six-month call option on the futures contract with a strike price of $30 is trading at a price of $3. What is the price of a six-month put option on this futures contract with the same strike price? Please provide your answer in unit of dollars without the dollar sign (rounded to the nearest cent)

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Answer #1

Applying Put Call Parity Theorem

Future Price + Put Price = Call Price + Strike Price

$30 + Put Price = $3 + $30

Put Price = $3

So , price of six month put option = $3

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