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Question 2 12.5 pts IBM stock currently sells for 49 dollars per share. Over 12 month(s) the price will either go up by 11.5 percent

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Question 2 12.5 pts IBM stock currently sells for 49 dollars per share. Over 12 month(s) the price will either go up by 11.5 percent or down by -7.0 percent. The risk-free rate of interest is 4.5 percent continuously compounded. If the stock goes down, what is the payoff of a put option with a strike price of 50. 0.000 0 2.500 3.500 4.430 4.635

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