The annual risk-free rate is 25 percent what is the per
The 1-year $20 options on Water Kingdom stock are priced at $1.55 for the call and $.45 for the put. The annual risk-free rate is 2.5 percent. What is the per share price of the underlying stock?
$18.41
$31.33
$23.59
$19.40
$20.61
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