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The price of a European call option on Tesla Inc.'s stock with a strike price of $600 is $60. Tesla Inc.'s stock price is $610,
The price of a European call option on Tesla Inc.'s stock with a strike price of $600 is $60. Tesla Inc.'s stock price is $610, the continuously compounded risk-free rate (all maturities) is 1% and the time to maturity is one year. A dividend of $20 is expected in 5 months. What is the price of a one-year European put option on Tesla Inc.'s stock with a strike price of $600? (Answer to two decimal places.) (Hint: Use put-call parity)
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