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A call option is currently selling for $5.20. It has a strike price of $40 and five months to maturity. A put option with the

A call option is currently selling for $5.20. It has a strike price of $40 and five months to maturity. A put option with the same strike price sells for $7.30. The risk-free rate is 5.2 percent and the stock will pay a dividend of $2.40 in three months. What is the current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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