The price of a non$-$dividend paying stock is $$17$ and the price of a six$-$month European call option on the above stock with a strike price of $$28$ is $$2\mathrm{.}8.$ The risk$-$free rate is $4\%$ per year with continuous compounding. What is the price of a European put option with the same strike price and maturity?

Question $7$Answer

a$.$

$$13\mathrm{.}80$

b$.$

$$13\mathrm{.}25$

c$.$

$$27\mathrm{.}40$

d$.$

$$14\mathrm{.}37$

e$.$

$$14\mathrm{.}94$