mework 13 i Saved 12 A call option with an exercise price of $70 and three months to expiration has a price of $4.10. The stock is currently priced at $69.80, and the risk-free rate is 5 percent per year, compounded continuously. What is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Skipped Put option price References Homework 13 Saved 13 You own a lot in Key West, Florida, that is currently unused. Similar lots have recently sold for $1,320,000. Over the past five years, the price of land in the area has increased 6 percent per year, with an annual standard deviation of 32 percent. You have approached a buyer and would like the option to sell the land in 12 months for $1.470,000. The risk-free rate of interest is 4 percent per year, compounded continuously Skipped What is the price of the put option necessary to guarantee your sales price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) References Price of put option Saved Homework 13 0 15 A put option that expires in six months with an exercise price of $40 sells for $4.20. The stock is currently priced at $37, and the risk-free rate is 3.6 percent per year. compounded continuously. What is the price of a call option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Skipped Call price References