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Problem 15-8 Put-Call Parity (L04, CFA1) A call option is currently selling for $2.80. It has a strike price of $55 and three months to

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Problem 15-8 Put-Call Parity (L04, CFA1) A call option is currently selling for $2.80. It has a strike price of $55 and three months to maturity. What is the price of a put option with a $55 strike price and three months to maturity? The current stock price is $57, and the risk-free interest rate is 5 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Put price

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