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Question: A call option on a non-dividend-paying stock with strike $70 costs $8 more than a put option with the same strike and time to expiration, but when the strike is raised to $90, the call option costs $6 less than the put option. What is the initial stock price? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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