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1-year call and put options are written on a stock. At a strike price of 55, the call and put options are priced at 9.52

1-year call and put options are written on a stock. At a strike price of 55, the call and put options are priced at 9.52 and 4.10 respectively. The stock is priced at 58 and will pay a dividend of 1.50 in six months. Calculate the effective annual interest rate.

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