The current price of a stock is $51. A dividend of $1 is expected in one year. A European call option on the stock with a strike price of $50 and a maturity of one year is worth $7. A European put option on the stock with a strike price of $50 and a maturity of one year is worth $6. Interest rates are zero. Which of the following is true?

Answer: _______

A. The call price is low relative to the put price

B. The put price is low relative to the call price

C. None of the above