The Price of a European Put Option on Potash Corp

Multiple Choice

The price of a European put option on Potash Corp stock with an exercise price of $48 and one year to expiry is trading at $4.15.The current price of the stock is $45,and the risk-free rate is 3%.With no arbitrage,what must be the price of a European call on Potash Corp with an exercise price of $48?

A) $2.55
B) $5.75
C) $3.00
D) $2.91
E) $0.16