Joel Franklin is a portfolio manager responsible for derivatives. Franklin observes an American-style option and a European-style option with the same strike price, expiration, and underlying stock. Franklin belleves that the European-style option will have a higher premium than the American-style option. Franklin is asked to value a one-year European-style call option for Abaco Ltd. common stock, which last traded at $45,00. He has collected the following information: a. Calculate, using put-call parity and the information provided, the European-style call option value. Do not round intermediate calculations. Round your answer to the nearest cent