14) A call option on Miramare stock with an exercise price of $115 and an expiration date 1 year from now is worth $5.3 today. A put option on Miramare stock with an exercise price of $115 and an expiration date 1 year from now is worth $4.80 today. The risk-free rate of return is 4%, and Miramare stock pays no dividends. The stock should be worth ____ today.

Multiple Choice $112.95 $110.99 $114.38 $118.51