Netflux is selling for $105 a share. A Netflux call option with one month until expiration and an exercise price of $121 sells for $2.30 while a put with the same strike and expiration sells for $17.40. a. What is the market price of a zero-coupon bond with face value $121 and 1-month maturity? (Round your answer to 2 decimal places.)

b. What is the risk-free interest rate expressed as an effective annual yield? (Round your answer to 2 decimal places.)