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Required: A call option on Jupiter Motors stock with an exercise price of $ 4 5 and one - year expiration is selling at $

Required:
A call option on Jupiter Motors stock with an exercise price of $45 and one-year expiration is selling at $3. A put option on Jupiter
stock with an exercise price of $45 and one-year expiration is selling at $2.5. If the risk-free rate is 10% 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.)
Answer is complete but not entirely correct.
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