QUESTION 11 14 points Save Answ A put option that expires in x months with an exercise price of $55 sells for $7. The stock is currently priced at $50, and the risk-free rate is 3.5 percent per year, compounded continuously. If the price of a call option with the same exercise price and expiration date is 3.89, then calculate x. Show your steps. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y $ Paragraph Arial 14pt A P O WORDS POWERED BY TINY QUESTION 12 14 points Save Answer Describe two portfolios and positions used for deriving Put-Call Parity. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIV & Paragraph Arial 14pt HE A