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Question 1 5 pts Today's price of Wynn Resorts (WYNN) is $50. A dealer quotes you a premium of $11.25 for a put option on

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Question 1 5 pts Today's price of Wynn Resorts (WYNN) is $50. A dealer quotes you a premium of $11.25 for a put option on WYNN with a strike of $65 and a maturity of one year. . The c.c. risk-free rate is five percent. Is there an arbitrage opportunity? If so, why? No Yes, the put price is too low Yes, the put price is too high

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