You are given the following information:

$$ One share of stock XYZ currently sells for $$1,000.$

$$ The stock does not pay any dividends.

$$ The annual risk$-$free interest rate, compounded continuously, is $5\%.$

You want to lock in the ability to buy this index in one year at exactly the price of $$1,025.$ There are no futures or forwards available to you, but you can buy and$/$or sell European put and call options with a strike price of $$1,025.$ Assume that there are no arbitrage opportunities. What is the cost of establishing this position?