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The current share price of Stock A is $87. A put option with a strike price of $80 and maturity date October 30 trades at

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The current share price of Stock A is $87. A put option with a strike price of $80 and maturity date October 30 trades at $6.50. Suppose that Stock A's value at maturity has the following probability distribution: Probability Price 20% 90 35% 81 45% 70 What is the expected rate of return on the put option? Assume exercise at maturity. A. 0.00% B. 53.85% C. -53.85% D.-30.77%

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