Given the following parameters use put-call parity to determine the price of a put option with the same exercise price. Show your work.

Current stock price:	$48.00
Call option exercise price:	$50.00
Sales price of call options:	$3.80
Months until expiration of call options:	3
Risk free rate:	2.6 percent
Compounding:	Continuous

A) Price of put option = $5.48

B) Price of put option = $4.52

C) Price of put option = $6.13