This is Finance

Assume the following for Question 6 (Part A) and 7 (Part B): Stock price $35.20 Price of put $3.50 Buy or sell the stock for this price Buy or sell the put for this price NOT present value of the strike Number of months until expiration $37.50 Strike price (X) of put Time to option's maturity 6 Risk free rate 2% Annual rate $37.13 Present value of the strike (X) Dividend rate 0% Assume that there are also calls with the same strike, expiration, and on the same stocks as these puts. Part A. What price must the $37.50 call be trading for so that no arbitrage opportunity exists (the "no arbitrage value" of the call)? $1.20