Assume the Black-Scholes framework. For a non-dividend paying stock, you are given: i. The stock' s continuously compounded expected rate of return is 5%. ii. The continuously compounded risk-free interest rate is 3%. iii. The stock' s volatility is 15%. iv. The stock' s current price is 100. Calculate the price of an at-the-money 1-year European put option on the stock. Possible Answers Less than 5 At least 5 but less than 6 At least 6 but less than 7 At least 7 but less than 8 At least 8