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5. You are given the following information: (i) The current price of the stock is 45 per share. ii) The stock pays dividends continuously at
5. You are given the following information: (i) The current price of the stock is 45 per share. ii) The stock pays dividends continuously at a rate proportional to its price. The dividend yield is 2%. ii) The price of a 9-month at-the-money European call option on the stock is 3. (iv) The continuously compounded risk-free interest rate is 4%. Calculate the current price of a 9-month 45-strike European straddle
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