For a 1-year European option on a stock, you are given: (6) The stock's price is 60. (i) The strike price is 60. (111) The stock pays continuous dividends proportional to its price at a rate of 5%. (iv) The stock's annual volatility is 20% (v) The continuously compounded risk-free rate is 5% a Calculate the elasticity of a call option b. Calculate the elasticity of a put option. For a 1-year European option on a stock, you are given: (6) The stock's price is 60. (i) The strike price is 60. (111) The stock pays continuous dividends proportional to its price at a rate of 5%. (iv) The stock's annual volatility is 20% (v) The continuously compounded risk-free rate is 5% a Calculate the elasticity of a call option b. Calculate the elasticity of a put option