6. Stock XYZ has the following characteristics: - The current price is 40 . - The price of a 35-strike 1-year European call option is 9.12. - The price of a 40-strike 1-year European call option is 6.22. - The price of a 45-strike 1-year European call option is 4.08. The annual effective risk-free interest rate is 8%. Let S be the price of the stock one year from now. All call positions being compared are long. Determine the range for S such that the 45-strike call produce a higher profit than the 40 strike call, but a lower profit than the 35 -strike call. (a) S42.31 (e) The range is empty