(1 pt) The buyer of a Euro put option has the right, but not the obligation, to sell an asset (the underlying), at a specified price (the strike), on a predetermined date (the expiry or maturity) to a given party (the seller of the put). Let K' be the strike price, and let S be the value of the asset at expiration. What is the value of the put option at expiration T? P(S,T) = help (formulas) Use max(r, y) for the maximum of , y