HighFlyer Stock Currently Sells for $48

question 2

Multiple Choice

HighFlyer Stock currently sells for $48. A one-year call option with strike price of $55 sells for $9, and the risk-free interest rate is 6%. What is the price of a one-year put with strike price of $55?

• A) $9.00
• B) $12.89
• C) $16.00
• D) $18.72
• E) $15.60

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