34. The common stock of the XYZ Corporation has been trading in a narrow price range for the pas month, and you are convinced it is going to break far out of that range in the next 3 months. You do not know whether it will go up or down. The current price of the sock is $130 per share, and the price of a 3-month call option at an exereise priee of $130 is $8.49. If the risk-free interest rate is 6% per year, what must be the price of a 3-month put option on XYZ stock at an exercise price of $130? (closest to) (The stock pays no dividende A)$10.37 B)$1.13 C)$6.61 D)$15.85