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Merv Corp stock is currently trading at $135. The stock price a year from now will be either $245 or $110 with equal probabilities. The

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Merv Corp stock is currently trading at $135. The stock price a year from now will be either $245 or $110 with equal probabilities. The interest rate at which investors invest in riskless assets is 3%. Using the binomial OPM. the value of a put option with an exercise price of $180 and an expiration date 1 year from now should be worth today. (Round Intermediate calculation to 2 decimal places) O $44.48 O $6200 O $53.49 O $15.03

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