6. In each of the following questions, you are asked to compare two options with parameters as given. The risk-free interest rate for all cases should be assumed to be 4%. Assume the stocks on which these options are written pay no dividends. Price of Option a. Put T 0 A 0.5 50 0.20 $10 B 0.5 50 0.25 $10 Which put option is written on the stock with the lower price? i. A. ii. B. iii. Not enough information. b. Put T Price of Option A 0.5 50 0.2 $10 B 0.5 50 0.2 $12 Which put option must be written on the stock with the lower price? i. A. ii. B. iii. Not enough information. C. Call S Price of Option 0 A 50 50 0.20 $12 $10 B 55 50 0.20 Which call option must have the lower time to expiration? i. A. ii. B. iii. Not enough information. d. Call T S Price of Option A 0.5 50 55 55 $10 $12 B 0.5 50 Which call option is written on the stock with higher volatility? i. A. ii. B. iii. Not enough information. e. Call S Price of Option T A B 0.5 50 55 $10 0.5 50 55 $7 Which call option is written on the stock with higher volatility? i. A. ii. B. iii. Not enough information