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A put option and a call option with an exercise price of $70 and three months to expiration sell for $2.77 and $4.77, respectively. If

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A put option and a call option with an exercise price of $70 and three months to expiration sell for $2.77 and $4.77, respectively. If the risk-free rate is 4.8 percent per year, compounded continuously, what is the current stock price? Multiple Choice $71.17 $76.71 $69.03 $6717

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