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You are presented with the following information: A call option with a current value of $11.20. A put option with a current value of $7.00.

You are presented with the following information: A call option with a current value of $11.20. A put option with a current value of $7.00. Both options written on the same stock and both with 1 year until expiration. The current price of the stock is $54.00 and the prevailing risk-free rate is 10.00%. What must be the striking price of either option? *** In your calculations, use simple discounting instead of continuous discounting. Also, do not enter the dollar sign and use two decimals (round off to 2 decimals).

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