The current stock price of Johnson & Johnson is $64, and the stock does not pay dividends. The instantaneous risk-free rate of return is 4%. The instantaneous standard deviation of J&J's stock is 40%. You want to purchase a put option on this stock with an exercise price of $55 and an expiration date 69 days from now. Using Black-Scholes, the put option should be worth today. .93 O 1.00 O 10.06 10.42