A stock is currently selling for $48. A 4-month put option with a strike price of $50 has an option premium of $3.60. The risk-free rate is 4.5 percent per year and the market return is 11 percent per year. What is the option premium on a 4-month call with a $50 strike price? Assume the options are European style. Select one: a. $0.67 b. $3.17 c. $2.33 d. $3.31 e. $0.00

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively