You are given the following:

(i) The 1-year forward price to buy one share of XYZ stock is 400.

(ii) The stock pays continuous dividends at a rate of 3%.

(iii) The annual risk-free interest rate, compounded continuously, is 5%.

(iv) A European call option on one share of XYZ stock with a strike price of K that expires in 1 year costs 66.59.

(v) A European put option on one share of XYZ stock with a strike price of K that expires in 1 year costs 18.64.

Using put-call parity, calculate the strike price, K.