QUESTION 9 You are considering purchasing a put option on a stock with a current price of $33. The exercise price is $40, and the price of the corresponding call option is $2.25. According to the put-call parity theorem, if the risk-free rate of interest is 4% every year with daily compounding and there are 90 days until expiration, the value of the put should be (Assume there are 365 days in a year.) $3.91 $2.34 $8.86 $4.02