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Consider three put options at strikes 40, 50, and 60. The price of the 40-strike option is $4 and the price of the 60-strike option

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Consider three put options at strikes 40, 50, and 60. The price of the 40-strike option is $4 and the price of the 60-strike option is $8. Which of the following statements is most accurate? (Assume all options bave the same maturity.) A. The price of the 50-strike put is less than 10 B. The price of the 50-strike put is greater than 56. OC. The price of the 50-strike put is less than 56 OD. The price of the 50-strike put is greater than 57

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