A call option with 6 months to expiration currently sells for $0.70. A put option with the
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Question:
A call option with 6 months to expiration currently sells for $0.70. A put option with the same expiration sells for $0.78. The options are European style. The risk-free rate is 2 percent and the strike price of both options is $17.50. What is the current stock price?
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