Wiers in the BOX 1. A one year call option has a strike price of 50. expires in 6 months, and has a price of $4.74. If the risk free rate is 3% and the current stock price is $45, what should the corresponding put be worth? 2. December futures on the S&P 500 stock index trade at 250 times the Index value of 1187.70 Your broker requires an initial margin of 105 percent on futures contracts. The current value of the S&P 500 stock index is 1178.. How much must you deposit in a margin account it you wish to purchase the contract