QUESTION 11 14 points Save Arywer 111 A put option that expires in x months with an exercise price of $55 sells for $7. The stock is currently priced at $50, and the risk-free rate is 3.5 percent per year, compounded continuously. If the price of a call option with the same exercise price and expiration date is 3.89, then calculate x. Show your steps. For the toolbar, press ALT+F10/PC) or ALTFN-F10 (Mac). BIVS Paragraph Arial 14px A #2 ONB 2. + ) - O WORDS POWERED BY TINY QUESTION 12 14 points Save Awer Describe two portfolios and positions used for deriving Put Call Parity For the toolbar, press ALT=F10 (PC) or ALT+FN.F10 (Mac). BIV & Paragraph Arial 14px 111 A x 1 OR V EB )