Required:

It is possible to buy three$-$month call options and three$-$month puts on stock $Q.$ Both options have an exercise price of $$60$ and

both are worth $$10.$ If the interest rate is $5\%$ a year, what is the stock price? $($Hint: Use put$-$call parity.$)$

Note: Use cells A$8$ to B$12$ from the given information to complete this question. You should use the hardcoded number $"1"$ in

your formula. No other hardcoded numbers may be used. Round your answer to $2$ decimal places.

$($IT KEEPS SAYING $59\mathrm{.}27$ IS WRONG$)$