A trader writes the following 1-year European-style barrier options as protection against large movements ina non-dividend paying stock that is currently trading at EUR 40.96.Option Price...

A trader writes the following 1-year European-style barrier options as protection against large movements ina non-dividend paying stock that is currently trading at EUR 40.96.Option Price (EUR)Up-and-in barrier call, with barrier at EUR 45 3.52Up-and-out barrier call, with barrier at EUR 45 1.24Down-and-in barrier put, with barrier at EUR 35 2.00Down-and-out barrier put, with barrier at EUR 35 1.01All of the options have the same strike price. Assuming the risk-free rate is 2% per annum, what is thecommon strike price of these options?a. EUR 39.00b. EUR 40.00c. EUR 41.00d. EUR 42.00