Question Assume the Black-Scholes framework. For a non-dividend paying stock, you are given: i. The stocks continuously compounded expected rate of return is 5%. ii. The continuously compounded risk-free interest rate is 3%. iii. The stocks volatility is 15%. iv. The stock's current price is 100. Calculate the price of an at-the-money 1-year European put option on the stock. Possible Answers A Less than 5 B At least 5 but less than 6 At least 6 but less than 7 D At least 7 but less than 8 E At least 8