A put option and a call option with an exercise price of $45 and three months to expiration sell for $1.10 and $5.10, respectively. If the risk-free rate is 4.5 percent per year, compounded continuously, what is the current stock price?

Problem 17-5 Put-Call Parity A put option and a call option with an exercise price of $45 and three months to expiration sell for $1.10 and $5.10, respectively. If the risk-free rate is 4.5 percent per year, compounded continuously, what is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock price $