What Is the Put Option Premium Given the Following Information

question 73

Multiple Choice

What is the put option premium given the following information?
$\begin{array}{lrr} \text { Stock price } &\$17\\ \text { Strike price } &\$22\\ \text { Volatility } &25\%\\ \text {Dividend Yield } &1.1\%\\ \text { Time (years) } &0\%\\ \text { Risk-free Rate } &.25\\\end{array}$

• A)$3.98
• B)$4.32
• C)$4.59
• D)$4.96
• E)$5.18

---

Definitions:

Desired Outcome

The specific, intended result or achievement envisioned at the end of a process, project, or period.

Integrative Therapies

Treatments that combine traditional medical practices with alternative healing practices for holistic patient care.

National Center for Complementary and Integrative Health

A U.S. government agency dedicated to scientific research on complementary and integrative health practices and their potential benefits.

American Nurses Association

A professional organization that advocates for the nursing profession and sets standards for practice and ethics.