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The stock price of Bravo Corp. is currently $105. The stock price a year from now will be either $160 or 555 with equal probabilities.

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The stock price of Bravo Corp. is currently $105. The stock price a year from now will be either $160 or 555 with equal probabilities. The interest rate at which investors invest in riskless assets is 6%. Using the binomial OPM, the value of a put option with an exercise price of $140 and an expiration date 1 year from now should be worth today. $34.19 $36.00 $37.21 $57.56

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