The price of a non$-$dividend paying stock is $$18$ and the price of a six$-$month European call option on the above stock with a strike price of $$24$ is $$2.$ The risk$-$free rate is $9\%$ 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$.$

$$8\mathrm{.}00$

b$.$

$$10\mathrm{.}26$

c$.$

$$6\mathrm{.}94$

d$.$

$$24\mathrm{.}20$

e$.$

$$9\mathrm{.}10$