Consider a stock with an initial price of $130. Suppose that the risk-free rate of interest compounded continuously is 5%.

The table below contains no-arbitrage prices of three European call options that expire in 7 months.

Strike price$128$130$132Call Value$11.65$10.58$9.57

Find the no-arbitrage values of the following European-style derivatives that have the same expiry date of 7 months (round all answers to the nearest penny).

(a) A standard European put option with strike.

Value = $

(b) A standard European put option with strike.

Value = $

(c) A standard European put option with strike.

Value = $