What is the price of a $41 strike European put? Assume S = $38, = 0.25, r = 0.06, the stock pays no dividend and the option expires in 45 days (use 365 days in a year to calculate time to expiration and choose the answer within 15 cents of yours to account for rounding)?

Select one:

a. 3.13

b. 3.82

c. 3.42

d. 3.52