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The current stock price of Noole Inc is $56, and the stock does not pay dividends. The instantaneous risk-free rate of return is 6%. The

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The current stock price of Noole Inc is $56, and the stock does not pay dividends. The instantaneous risk-free rate of return is 6%. The instantaneous standard deviation of Noole Inc's stock is 25%. You want to purchase a put option on this stock with an exercise price of $50 and an expiration date 70 days from now. Using Black-Scholes, the put option should be worth today. O 0.29 0.36 6.58 O 6.94

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