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Show your work, thank you The current price of a non-dividend paying stock is 40 and the continuously compounded risk-free interest rate is 8%. You

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Show your work, thank you

The current price of a non-dividend paying stock is 40 and the continuously compounded risk-free interest rate is 8%. You are given that the price of a 30 -strike call option is 7.35 higher than the price of a 40-strike call option, where both options expire in 3 months. Calculate the amount by which the price of an otherwise equivalent 40 -strike put option exceeds the price of an otherwise equivalent 30-strike put option. The current price of a non-dividend paying stock is 40 and the continuously compounded risk-free interest rate is 8%. You are given that the price of a 30 -strike call option is 7.35 higher than the price of a 40-strike call option, where both options expire in 3 months. Calculate the amount by which the price of an otherwise equivalent 40 -strike put option exceeds the price of an otherwise equivalent 30-strike put option

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