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. A trader is monitoring options written on the stock of Stapleton Telecommunications. She observes that 6-month calls and puts with a strike price of

. A trader is monitoring options written on the stock of Stapleton Telecommunications. She observes that 6-month calls and puts with a strike price of $120 are selling for $10.23 and $5.86 respectively. If the risk-free rate of interest is 5% per annum with continuous compounding for all maturities, what is the current price of the underlying asset?

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