Problem 38.2 A stock has a current price of $30 per share, and the annual standard de- viation of its price is 0.3. A certain put option on this stock has a delta of -0.5882, a gamma of 0.0866, and an annual theta of -1.8880. The annual continuously compounded risk-free interest rate is 0.08. What is the price of this put option, as found using the Black-Scholes equation? Problom 32 2

Problem 38.2 A stock has a current price of $30 per share, and the annual standard deviation of its price is 0.3 . A certain put option on this stock has a delta of -0.5882 , a gamma of 0.0866 , and an annual theta of -1.8880 . The annual continuously compounded risk-free interest rate is 0.08 . What is the price of this put option, as found using the Black-Scholes equation