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Find the put price of the option. Round your Z scores to 2 decimal spaces and provide an answer accurate to the nearest cent without

Find the put price of the option. Round your Z scores to 2 decimal spaces and provide an answer accurate to the nearest cent without the $ sign.

Stock price

=

$85

Exercise price

=

$80

Risk-free rate

=

3.80% per year, compounded continuously

Maturity

=

5 months

Standard deviation

=

55% per year

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Put Option Holder of Put option will have right to sell underlying asset at the agreed price Strike Price As he is receiving right he needs to pay pre... blur-text-image

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