Merv Corp stock is currently trading at $165. The stock price a year from now will be either $300 or $100 with equal probabilities. The interest rate at which investors invest in riskless assets is 4%. Using the binomial OPM, the value of a put option with an exercise price of $200 and an expiration date 1 year from now should be worth today (Round intermediate calculation to 2 decimal places) O $34.50 O $60.00 O $61.73 O $50.04