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The risk free rate is 0.80 percent per annum, and Lyft stock is currently priced at $33.71 per share. Call options with 3 months to

The risk free rate is 0.80 percent per annum, and Lyft stock is currently priced at $33.71 per share. Call options with 3 months to expiration and an exercise price of $35 sell for $3.40 per share. Put options with the same time to expiration and exercise price should cost ____ if Lyft is not expected to pay a dividend, and will not have an ex-dividend date, before the options expire.

  1. $6.74

  2. $4.62

  3. $4.11

  4. $3.18

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