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AAPL is currently trading at $175 per share. The stock pays no dividends. A one-year European call option on AAPL with a strike price of

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AAPL is currently trading at $175 per share. The stock pays no dividends. A one-year European call option on AAPL with a strike price of $160 is currently trading for $38.60. If the risk-free interest rate is 2% per year, then the price of a one-year European put option on AAPL with a strike price of $160 will be closest to: A. $27.03 B. $22.84 C. $20.48 D. $20.46

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