Question 7 - [4 marks] Consider the following options, traded on a stock. The standard deviation of the stock price over the past six years has been 20 percent. Which one has the highest price? Explain your answer. A. A European six-month put option on a stock whose market price is 90 where the strike price is 100. B. A European six-month put option on a stock whose market price is 110 where the strike price is 100. C. A European three-month put option on a stock whose market price is 90 where the strike price is 100