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Monster Machine Inc. stock is selling for $36 a share. A 3-month call on Monster Machine stock with an exercise price of $40 is priced
Monster Machine Inc. stock is selling for $36 a share. A 3-month call on Monster Machine stock with an exercise price of $40 is priced at $1.00. Risk-free assets are currently returning 0.25% per month. What is the price of a 3-month put on Monster Machine stock with an exercise price of $40?
$3.00
$4.90
$4.70
$2.98
$4.60
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