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A call option on Jupiter Motors stock with an exercise price of $65 and one-year expiration is selling at $4. A put option on Jupiter stock with an exercise price of $65 and one-year expiration is selling at $2.0. If the risk-free rate is 8% and Jupiter pays no dividends, what should the stock price be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Financial Management, Finance

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