A call option on Juniper Corp. stock with an exercise price of $25 and an expiration date 1 year from now is worth $1.9 today. A put option on Juniper Corp. stock with an exercise price of $25 and an expiration date 1 year from now is worth $1.40 today. The risk-free rate of return is 5%, and Juniper Corp. pays no dividends. The stock should be worth __________ today.

$31.80

$27.67

$26.24

$24.28