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Dynamic Energy Systems stock is currently trading for $25 per share. The stock pays no dividends. A one-year European put option on Dynamic with a
Dynamic Energy Systems stock is currently trading for $25 per share. The stock pays no dividends. A one-year European put option on Dynamic with a strike price of $26 is currently trading for $1.14. If the risk-free interest rate is 7% per year, what is the price of a one-year European call option on Dynamic with a strike price of $26? The price of the call is $ 1. (Round to two decimal places.)
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