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5. Consider 3-month call and put options on a non-dividend paying stock. Suppose the call option premium increases by $3.35 if the strike price decrease

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5. Consider 3-month call and put options on a non-dividend paying stock. Suppose the call option premium increases by $3.35 if the strike price decrease to K. How would the put option premium change for the same strike price hange (ie. from K+s to K0, at an annual continuously compounded interest rate of $ 6? rom K+5 Ownl (A) Increases by S3.35 X 3rth Call Co kts 11. o K+5 (B) Increases by $1.27 Decreases by S1.5s Co+3sk (D) Decreases by $1.65 (E) Decreases by $3.35 Co -Po

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