Using the Following Information,find the Price of the Put Option

question 44

Multiple Choice

Using the following information,find the price of the put option:
Stock price S_t=$55,interest rate I=5%,
Strike price X=$53,Call premium=$3,Maturity: T=3 months

• A) $0.47
• B) $0.62
• C) $3.47
• D) $0.35

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Definitions:

Clostridia

A genus of bacteria, some species of which are pathogenic, known for their ability to produce spores and thrive in anaerobic conditions.

Bioremediation

The process of using living organisms, such as bacteria or plants, to remove or neutralize contaminants from a polluted area.

Methogens

Microorganisms that produce methane as a byproduct of their metabolism, typically found in anaerobic environments.

Toxins

Poisonous substances produced by living organisms, often used for defense against predators or to capture prey.