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#15: The stock price 6 months from the expiration of a European option is $88, the exercise price of the option is $140, the dividend

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#15: The stock price 6 months from the expiration of a European option is $88, the exercise price of the option is $140, the dividend yield is 7% per annum, the risk-free interest rate is 15% per annum, and the volatility is 19% per annum. Use the Black-Scholes-Merton formula to find the price of this put option. (A) 42.91 (B) 40.91 (C) 44.91 (D) 43.91 (E) 41.91 #15: Select Save

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