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MECCS Cooking stock is selling for $87 a share. A one-year, $85.50 (exercise price) call on this stock is priced at $14.75. Risk -free assets

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MECCS Cooking stock is selling for $87 a share. A one-year, $85.50 (exercise price) call on this stock is priced at $14.75. Risk -free assets are currently returning 5 percent per year. What is the price of a one year put option on MECCS Cooking stock with a strike price of $85.50 ? $9 $5 $7 $3 $11

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