Black-Scholes price

The Black-Scholes price for a European put option with S = $40, K = $40, s = 0.30, r = 0.08, d = 0, and t = 0.25 is $1.99. Use Monte Carlo to compute this price. Compute the standard deviation of your estimates. How many trials do you need to achieve a standard deviation of $0.01 for your estimates?

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