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Required: A call option on Jupiter Motors stock with an exercise price of $80 and one-year expiration is selling at $7. A put option on
Required: A call option on Jupiter Motors stock with an exercise price of $80 and one-year expiration is selling at $7. A put option on Jupiter stock with an exercise price of $80 and one-year expiration is selling at $5.0. If the risk-free rate is 7% and Jupiter pays no dividends, what should the stock price be? Assume there is no dividends. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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