Assume the following:

-You want to buy a one-year call option on a stock with a strike price of $25.

-The current price per share of the stock is $22.

-The stock does not pay a dividend.

-The risk-free rate is 2.5% per year.

-The price of a put with the same strike price of $25 is currently $5.

Using put-call parity, what should be the price of the call?

Please show your work (preferably in Excel)!