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6 . APPLE, Inc. has both call and put options traded on the Thai Futures Exchange. Both options have the same exercise price of Baht

6. APPLE, Inc. has both call and put options traded on the Thai Futures Exchange. Both options have the same exercise price of Baht 110 and the same expiration date. The options will expire in one year. The call is currently trading at Baht 55 per share and the put is selling for Baht 40 per share. The interest rate is 10 percent. What should the stock price of APPLE be in order to prevent arbitrage opportunities?

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