The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced it is going to break far out of that range in the next 3 months. You do not know whether it will go up or down, however. The current price of the stock is $160 per share, and the price of a 3-month call option at an exercise price of $160 is $6.73. a. If the risk-free interest rate is 10% per year, what must be the price of a 3-month put option on P.U.T.T. stock at an exercise price of $160? (The stock pays no dividends.) (Do not round intermediate calculations. Round your answer to