Q.26 A trader at an investment bank was requested to value non-standardized options on stocks of RNK Construction using the Black-Scholes-Merton model. Stocks are currently trading at USD 120 per share on the market, and the risk-free rate is 5%. The options contract has the following features:

Option type	European Put
Strike price	USD 100
Expiration	1 year

The trader calculates the following parameters for the model: $N(d_1) = 0.7337$; and $N(d_2) = 0.6313$. The price of the option is closest to: