8 A non-dividend-paying stock is currently trading at USD 40 and has an expected return of 12% per year. Using the Black-Scholes- Merton (BSM) model, what is the value of 1-year, European-style Put option on the stock, if the parameters used in the model are: N(d1) = 0.29123 N(22) = 0.20333 K=42 * (2 Points) $4.08 $2.75 O $1.33 $2.72