Question 3 (10 points) The stock of ABC is trading for $72. A 3-month call option with an exercise price of $70 is selling for $4.50, and the risk-free rate is 5%. If we can make a profit of $0.35 by selling the put option today, what is the current market price for the put option? 1) $o.80 2) $1.30 3) $1.50 4) $1.70 5) $2.00