Question 7 1 pts The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, the continuously compounded risk-free rate all maturities) is 6% per annum and the time to maturity is one year. What, to the nearest cent, is the price of a one-year European put option on the stock with a strike price of $50? (Your answer should be in the unit of dollar, but without the dollar sign. For example, if your answer is $1.02, just enter 1.02.) Question 8 1 pts n Question 7 above, if the put option is quoted at a price of $1 in the market, how would you arbitrage? O Buy the put, buy the stock, sell the call, and borrow cash to cover any cash shortfall. Sell the put, short sell the stock, buy the call, and invest any cash surplus in a risk-free bond. Sell the put, buy the stock, sell the call, and borrow cash to cover any cash shortfall. Sell the put, short sell the stock, sell the call, and invest any cash surplus in a risk-free bond Question 9 1 pts The price of a non-dividend-paying stock is $20. The continuously-compounded risk-free interest rate is 5% per annum. what, to the nearest cent, is the lower bound for the price of a two-year European call option on the stock with a strike price of $15? (Your answer should be in the unit of dollar, but without the dollar sign. For example, if your answer is $1.02, just enter 1.02.)