The current stock price of Johnson & Johnson is $44, and the stock does not pay dividends. The instantaneous risk-free rate of return is 5%. The instantaneous standard deviation of J&J's stock is 35%. You want to purchase a put option on this stock with an exercise price of $39 and an expiration date 40 days from now. Using Black-Scholes, the put option should be worth today, O 0.27 O 0.34 05.19 05.55