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Problem 15-9 Put-Call Parity (LO4, CFA1) A call option currently sells for $8.25. It has a strike price of $50 and three months to maturity.

Problem 15-9 Put-Call Parity (LO4, CFA1) A call option currently sells for $8.25. It has a strike price of $50 and three months to maturity. A put with the same strike and expiration date sells for $6.25. If the risk-free interest rate is 6 percent, what is the current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current stock price

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