The call premium for a non-dividend-paying stock exceeds the put premium by $19.608 , where both options have a strike price ofK . The put premium on the same stock exceeds the call premium by $29.412 , where both options have a strike price that is 5% greater thanK . The effective rate of interest for the period from time 0 to the expiration date of the options is2% . Determine K and the current stockprice.