Please answer the following questions and all its parts(max 4 parts according to chegg). Failure to do so will result in negative rating. Try answering on a piece of paper if possible and scan it please and i will give good rating. Thanks!

Finance H/W 201914 ca) c) Differentiate between a swaptions anda ladder option. Support your answer with relevant examples: (1) what does the put-cat parity stipulate? (b) A call option with an exercise price of $ 50 has 3 months to expiration. The continuously compounded annual risk-free rate is ht; the stock currently trades for $45; and the variance of the asset price is o.16. (1) Calwlate, using the Black-scholes formula, the value of a call option (1) Using your answer from (1), determine the value of the put option based on the put- Call Parity method