Intro The current price of a non-dividend-paying stock is $33.68 and you expect the stock price to either go up by a factor of 1.492 or down by a factor of 0.67 over the next 1 years. A European put option on the stock has a strike price of $34 and expires in 1 years. The risk-free rate is 4% (annual, continuously compounded). Attempt 1/5 for 10 pts. Part 1 What is the value of the option? 11+ decimals Submit