Madeline Manufacturing Inc.'s current stock price is $45 per share. Cali options for this stock exist that permit the holder to purchase one share at an exercise price of $35. These options will expire at the end of 1 year, at which time Madeline's stock will be selling at one of two prices $20 or $50. The risk-free rate is 3.5\%. Using the binomial option pricing model, create a riskless hedged investment and answer the following questions? What is the cost of the stock in the riskless portfolio? Do not round intermediate calculations. Round your answer to the nearest cent. 5