For a straddle, you are given: The straddle can only be exercised at the end of one year. (ii) The payoff of the straddle is the absolute value of the difference between the strike price and the stock price at the expiration date. (i) The stock currently sells for $50. (iv) The straddle has a strike price of $48. The continuously compounded risk-free interest rate is 8%. The stock pays continuously compounded dividends at a rate of 2%. A one-year European call option on the stock has a strike price of $48. The per-year theta of the call option is -3.6. Calculate the per-year theta of the straddle. A-4.6 B 4.1 C -2.8 D-2.6 E -1.0 For a straddle, you are given: The straddle can only be exercised at the end of one year. (ii) The payoff of the straddle is the absolute value of the difference between the strike price and the stock price at the expiration date. (i) The stock currently sells for $50. (iv) The straddle has a strike price of $48. The continuously compounded risk-free interest rate is 8%. The stock pays continuously compounded dividends at a rate of 2%. A one-year European call option on the stock has a strike price of $48. The per-year theta of the call option is -3.6. Calculate the per-year theta of the straddle. A-4.6 B 4.1 C -2.8 D-2.6 E -1.0