Question: Moving to another question will save this response. Question 3 of 7 Question 3 paints are Stock Y is currently selling for $35. You believe

 Moving to another question will save this response. Question 3 of

Moving to another question will save this response. Question 3 of 7 Question 3 paints are Stock Y is currently selling for $35. You believe that, one year from now, Stock Y will sell for either $55 (up-state) or $20 (down-state). The yield on a 1-year risk-free zero coupon bond is currently 2.5%. You have a European put option with a 1-year expiration date and an exercise price of $35. What is the current price of this put option? $6.83 $8.22 $23.22 $13.33 $8.00 Question 3 of 7 A Moving to another question will save this response

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