The current stock price is $ 50. In 3 months, its price changes according to a binomial tree, u is 1.2 and d is 0.8. The stock pays no dividends and continuous compounded interest rate is 8%. There is a put option on this stock with the strike price of $ 55 maturing in 3 months. According to the Binomial Model, what is the put option's price? $8.09 O $6.61 O $7.30 $9.38 If a call option price is overpriced, you could take advantage of the arbitrage opportunity by: the option, the share and a loan. long, long, borrow long, short, lend short, short, lend short, long, borrow