Assume the following: The price of a two-year call with the strike price of X is currently $4. The price of a two-year put with the strike price of X is currently $5. The current price per share of the stock is $28. The stock does not pay a dividend. The risk-free rate is 5% per year. Using the put-call parity, what is the strike price of the put? In other words, find X. Question 15 options:

a) $5.00

b) $29.00

c) $30.45

d) $31.97

e) $35.93

f) None of the above.