The current price of a stock is $50,the annual risk-free rate is 6%,and a 1-year call option with a strike price of $55 sells for $7.20.What is the value of a put option,assuming the same strike price and expiration date as for the call option?
A) $7.71
B) $8.12
C) $8.55
D) $9.00
Correct Answer:
Verified
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