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A call option with an exercise price of $45 and four months to expiration has a price of $4.25. The stock is currently priced at
A call option with an exercise price of $45 and four months to expiration has a price of $4.25. The stock is currently priced at $44.80, and the risk-free rate is 5 percent per year, compounded continuously.
What is the price of a put option with the same exercise price?
PLEASE FOLLOW INSTRUCTIONS ON ROUNDING DECIMALS, PLEASE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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