First Firm's does not pay a dividend and its stock price is $45.35 today. A First Firm european call option with a strike price of $48.77 that expires in two years currently is priced at $10.79. The risk free rate is 0.03. How much is a european put option that expires in two years with a strike price of $48.77 worth? Question 11 1 pts First Firm is a firm with zero leverage that paid a $4.59 dividend last year. Today its share price is $71.09. The firm expects to grow its dividends 0.08 per year. What is First Firm's equity cost of capital