The current stock price of Johnson & Johnson is $78, and the stock does not pay dividends. The instantaneous risk-free rate of return is 6%. 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 $69 and an expiration date 48 days from now. Using Black-Scholes, the put option should be worth today. .66 .73 O 9.91 O 10.27