The price of a stock, which pays no dividends, is $29 and the strike price of a one-year European call option on the stock is $25. The risk-free rate is 4% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound? $3.98 a. $4.98 O b. $5.98 C. 55.00 O d