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For a non-dividend paying stock, you are given: (i) Its current price is $79. (ii) A European call option on the stock with one year

For a non-dividend paying stock, you are given: (i) Its current price is $79. (ii) A European call option on the stock with one year to expiration and strike price $76 costs $50.65. (iii) The continuously compounded risk-free interest rate is 17%. Determine the premium of a 1-year European put option on the stock with strike $76. ) 37.77 (B) 36.77 (C) 35.77 (D) 34.77 (E) 38.77

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