The six- month zero rate is 8% with compounding. The price of a one-year bond that provides a coupon of 6% per annum semiannually is 97. What is the one-year continuously compounded zero rate? a. 8% b. 8% c. 9.02% d. 7.5% e. 7% A trader sells 100 European put options with a strike price of $50 and a time to maturity of six months. The price received for each option is $4. The price of the underlying asset is $41 in six months. What is the trader's gain or loss? a. 500 gain b. 1300 gain c. 500 loss d. 1300 loss e. 900 gain