11. The current stock price of Home Depot is $276, and the stock does not pay dividends. The instantaneous risk-free rate of return is 5.6%. The instantaneous standard deviation of Home Depot's stock is 41%. You want to purchase a put option on this stock with an exercise price of $250 and an expiration date 80 days from now. What is the premium on put option using Black-Scholes option pricing model? 12. The stock price of Tesla Inc. is currently $590. The stock price a year from now will be either $800 or $200 with equal probabilities. The interest rate at which investors invest in riskless assets is 5%. Using the binomial OPM the value of a put option with an exercise price of $300 and an expiration date 1 year from now should be worth today