a) A stock currently sells for $33.6. A 6-month call option with a strike price of $38 has a premium of $6. Let the continuously compounded risk-free rate be 3%.

What is the price of the associated 6-month put option with the same strike (to the nearest penny)?

Price = $

b) A stock currently sells for $33.85. A 6-month call option with a strike price of $31.55 has a premium of $2.4, and a 6-month put with the same strike has a premium of $0.9. Let the continuously compounded risk-free rate be 3%.

What is the present value of dividends payable over the next 6 months (to the nearest penny)?

Value = $