I am stuck trying to solve both questions The current price of a stock is $ 50.02 and the annual effective risk-free rate is 2.4 percentA call option with an exercise price of $55 and one year until expiration has a current value of $1.59What is the value of a put option written on the stock with the same exercise price and expiration date as the call option? Show your answer to the nearest .01Do not use $or,in your answerBecause of the limitations of random numbers,some of the options may be trading below their intrinsic value or even less than O.Hint,to find the present value of the bond,you do not need to make the e x adjustment, simple discount at the risk free rate YourAnswer: Answer Question 11 Listen Suppose you believe that Du Pont's stock price is going to decline from its current level of$87.18 sometime during the next 5 monthsFor$1,539.32 you could buy 5-month put option giving you the right to sell 100 shares at a price of $80 per share.If you bought a 100-share contract for $1,539.32 and Du Pont's stock price actually changed to $74.44,your net profit(or loss)after exercising the option would be -Show.your answer to the nearest.01Do not use $or,signs in your answer. Use a -sign if you lose money on the contract.