Suppose that the current stock price is Ksh$52$ and the risk$-$free rate is $5\%.$ You have

found a quote for a $3-$month put option with an exercise price of Ksh$50.$ The put price

is Ksh$1\mathrm{.}50,$ but due to light trading in the call options, there was not a listed quote for

the $3-$month, Ksh$50$ call. Estimate the price of the $3-$month call option using put$-$call

parity