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The current price of a stock is $ 51.36 and the annual risk-free rate is 3.7 percent. A put option with an exercise price of

The current price of a stock is $ 51.36 and the annual risk-free rate is 3.7 percent. A put option with an exercise price of $55 and one year until expiration has a current value of $ 4.39 . What is the value of a call option written on the stock with the same exercise price and expiration date as the put option? Show your answer to the nearest .01. Do not use $ or , in your answer. Because of the limitations of our LMS random numbers, some of the options may be trading below their intrinsic value or even below $0.If you compute a negative number, be sure to use the - sign. Note, the given interest rate is an effective rate, so for calculation purposes, you need only discount the using the risk free rate, no e x adjustment is needed.

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