A STOCK is priced at $61.48 with CALLS priced at $8.40 having 9 months to expiration. What is the EXERCISE PRICE (X) of the calls if similar PUT options (same time to expiration) are priced at $3.63. The risk-free rate is currently 3.00%. Assume put/call parity, continuous compounding, and 12 months per year. 56.00 60.00 59.00 57.00 58.00 A STOCK is priced at $61.48 with CALLS priced at $8.40 having 9 months to expiration. What is the EXERCISE PRICE (X) of the calls if similar PUT options (same time to expiration) are priced at $3.63. The risk-free rate is currently 3.00%. Assume put/call parity, continuous compounding, and 12 months per year. 56.00 60.00 59.00 57.00 58.00