Kizspy | Question: 39
(Choose 1 answer)
Assume that the stock of AllSiete, Inc., is currently trading for $44 and will either rise to $50 or fall to $29 in one year. The risk-free rate for one year is 4 percent. What is the value of a put option with a strike price of $40?(Round the final answer to two decimal places.)
A. $0
B. $2.13
C. $3.14
D. $5.54
