3. Suppose the spot exchange rate is $0.009/ the yen-denominated continuously cornpounded interest rate is 1%, the dollar-denominated continuously compounded interest rate is 5%, and the price of 1-year $0.009-strike European call on the yen is S0.0006. What is the dollar- denominated European yen put price such that there is no arbitrage opportunity? Hint: $0.00025 4. A 76-year bond pays annual coupon of X dollars. The annual continuously compounded interest rate is 5%. The bond currently sells for $87. A $200-strike European call on the bond sells for $5 and expires in 76 years. A $200-strike European put on the bond sells for $2 and expires in 76 years. Determine the value of X. Hint: $4.16