Assume a stock has a value of $100. The stock is expected to pay a dividend of $2 per share at year-end. An at-the-money European- style put option with one-year expiration sells for $7. If the annual interest rate is 5%, what must be the price of a 1-year at-the-money European call option on the stock? Hint: You can find the formula for put-call parity with dividends on the lecture slides. Remember to discount the dividend using the interest rate given in the problem. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Call option _