A European put option on MNO stock has a strike price of $100, expires in 3 months, and carries a premium of $4. The annual risk-free rate is 2%, and the current stock price is $98. What should be the value of a 3-month European call on MNO with a strike price of $100 if the stock is expected to pay a $2 dividend/share before the options expire? Round intermediate steps to four decimals and your final answer to two decimal places.

A. 1.50

B. 7.49

C. 2.51

D. .51

E. 3.49

A European put option on DEF stock has a strike price of $40, expires in 9 months, and costs $1.70. The annual risk-free rate is 6%, and the current stock price is $39. What should be the value of a 9 month European call on DEF with a strike price of $40? Round intermediate steps to four decimals and your final answer to two decimals. Do not use the dollar sign when entering your answer.

Carlson Inc.'s stock currently trades at $80. A 3-month European put option on the stock trades for $2. 3-month European call options on Carlson sell for $.80 and have the same strike price as the put options. The annual risk-free rate is 4%. Find the exercise price both options share that allows put-call parity to hold. Round intermediate steps to four decimals and your final answer to two decimals. Do not use the dollar sign when entering your response.