What Is the Put Option Premium Given the Following Information

Multiple Choice

What is the put option premium given the following information?
$\begin{array}{lrr} \text { Stock price } &\$28.00\\ \text { Strike price } &\$35.00\\ \text { Volatility } &50\%\\ \text {Dividend Yield } &0\\ \text { Time (years) } &.50\\ \text { Risk-free Rate } &3.50\%\\\end{array}$

A) $7.49
B) $7.98
C) $8.28
D) $8.76
E) $9.64