You are considering purchasing a put option on a stock with a current price of $48. The exercise price is $52, and the price of the corresponding call option is $3.75. According to the put-call parity theorem, if the risk-free rate of interest is 7% and there are 90 days until expiration, the value of the put should be Multiple Choice $6.89 $8.47 $3.75 $7.00