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The current price of KD Industries stock is $25. In the next year, the stock price will either go up by 20% or go down

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The current price of KD Industries stock is $25. In the next year, the stock price will either go up by 20% or go down by 20%. KD pays no dividends. The one-year risk-free rate is 5% and will remain constant. Assuming the Beta on KD stock is 1.50, the calculated beta for a one-year put option on KD stock with a strike price of $25 is closest to: O 8.23 OO O2.68 4.67

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