A two-month European put option on a stock is currently selling for $2.50. The stock price is $50, the strike price is $51, and a dividend of $3.00 is expected in one month, the risk-free interest rate is 6% per annum. What are the minimum profits that can be made? D 3. Suppose the stock price is 40 and we need to price a call option with a strike of 45 maturing in 4 months. The stock is not expected to pay dividends. The continuously- compounded riskfree rate is 3% per year, the mean return on the stock is 7% per year, and the standard deviation of the stock return is 40% per year. What is the price of the corresponding put option? Finance 3) For a call option on a non dividend paying stock the stock price is $30, the strike price is $20, the risk free rate is 6% per annum, the volatility is 20% per annum and the time to maturity is 3 months. Use the Binomial model to find: a) The price of the call option? Please show work