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You buy a share of stock, write a 1-year call option with X $30, and buy a 1-year put option with X- $30. Your net

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You buy a share of stock, write a 1-year call option with X $30, and buy a 1-year put option with X- $30. Your net outlay to establish the entire portfollo is $28.6. The stock pays no dividends a. What is the payoff of your portfolio? b. What must be the risk free interest rate? (Round your answer to 2 decimal places.) Risk-free rate 1%

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