A one-year call option contract on Cheesy Poofs Co. stock sells for $1,190. In one year, the stock will be worth $51 or $72 per share. The exercise price on the call option is $64. What is the current value of the stock if the risk-free rate is 2 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

A one-year call option contract on Cheesy Poofs Co. stock sells for $1,190. In one year, the stock will be worth $51 or $72 per share. The exercise price on the call option is $64. What is the current value of the stock if the risk-free rate is 2 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock value