Use a calculator to find the value for 
to four decimal places.
Definitions:
Put Premium
The price that a put option buyer pays to acquire the right to sell a specified quantity of an asset at a predetermined price before the option expires.
Exotic Options
Non-standard options that have more complex features than common American or European options, often including different pay-off structures or the ability to trade on more unusual underlying assets.
Over-The-Counter Market
A decentralized market, without a central physical location, where participants trade securities directly between two parties.
New York Stock Exchange
A leading global securities exchange where stocks, bonds, and other financial instruments are bought and sold, based in New York City.
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