Question: A put option and a call option with an exercise price of $115 and three months to expiration sell for $5.45 and $8.75, respectively. If

A put option and a call option with an exercise price of $115 and three months to expiration sell for $5.45 and $8.75, respectively. If the risk-free rate is 2.0% per year, compounded continuously, what is the current stock price?

1. $111.13

2. $117.73

3. $112.40

4. $121.40

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