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A call option currently sells for $7.00. It has a strike price of $40 and five months to maturity. A put with the same strike
A call option currently sells for $7.00. It has a strike price of $40 and five months to maturity. A put with the same strike and expiration date sells for $5.25. If the risk-free interest rate is 3.3 percent, what is the current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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