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A put option that expires in 9 months with an exercise price of $55 sells for $7. The stock is currently priced at $50. If

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A put option that expires in 9 months with an exercise price of $55 sells for $7. The stock is currently priced at $50. If the price of a call option with the same exercise price and expiration date is 3.02, then what is the risk-free rate per year, compounded continuously?. Show your steps. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac), B I g Paragraph Arial 10pt 2 I . il = = X. e D

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