Top Flight Stock Currently Sells for $53

question 75

Multiple Choice

Top Flight Stock currently sells for $53.A one-year call option with strike price of $58 sells for $10, and the risk-free interest rate is 5.5%.What is the price of a one-year put with strike price of $58

• A)$10.00
• B)$12.12
• C)$16.00
• D)$11.97
• E)$14.13

---

Definitions:

Compliance

The act of conforming to established guidelines, standards, or regulations.

Identification

involves the process by which an individual aligns their attitudes and behaviors with those of a group or role model.

Internalized

Refers to the process of adopting the norms, attitudes, or behaviors of others as one's own, often unconsciously.

Group Norms

Accepted behavior patterns or standards within a group that guide members' actions and interactions.