For this problem set, assume that the volatility of return of the underlying asset, a share of stock, is 50% and its expected return is 12%. The initial stock price is $10 and the continuously compounded risk-free rate of return is 64. Equity holders demand a rate of return of 13%. Any option, either call or put is a European option has a strike price of $11 and an expiration date of one half (1/21 year from today. Reserved to four decimal places. Assuming a volatility O = 60%{versus 5016), what is the European put option's value? For this problem set, assume that the volatility of return of the underlying asset, a share of stock, is 50% and its expected return is 12%. The initial stock price is $10 and the continuously compounded risk-free rate of return is 64. Equity holders demand a rate of return of 13%. Any option, either call or put is a European option has a strike price of $11 and an expiration date of one half (1/21 year from today. Reserved to four decimal places. Assuming a volatility O = 60%{versus 5016), what is the European put option's value