Assume that call options on National Papers stock are selling for $2.75. Using the information in Question 10 (except for the standard deviation), the value of the put should be __________, if the put-call parity theorem holds, and the implied volatility of the National Paper stock is __________.

Question 10

\begin{tabular}{l|r|r|} \hline Stack Price & & 69 \\ \hline Exercise Price & & 70 \\ \hline Number of Periods & & 0.2 \\ \hline RF & & 10.00% \\ \hline Standar Deviation & & 25.00% \\ \hline Dividend Yields & & \\ \hline & & \\ \hline Present Value & 68.61390713 & \\ \hline 0 t5 & 0.1118034 & \\ \hline d1 & 0.1060903574 & \\ \hline d2 & -0.005713041 & \\ \hline nd1 & 0.5422446692 & \\ \hline nd2* pv & 34.1505714 & \\ \hline nd2 & 0.4977208386 & \\ \hline Instric Value of Call & 0.000 & \\ \hline Instric Value of Put & 1.00 & \\ \hline & & \\ \hline Time Value of Call & 3.264 & \\ \hline Time Value of Put & 1.878 & \\ \hline & & \\ \hline Total Value of Call & 3.264310776 & \\ \hline Total Value of Put & 2.878217907 & \\ \hline \end{tabular}