The annual risk-free rate is 4 percent what is the per


The 1-year $51 options on Fintech stock are priced at $1.67 for the call and $.52 for the put. The annual risk-free rate is 4 percent. What is the per share price of the underlying stock?

a. $46.27

b. $48.73

c. $50.19

d. $52.08

e. $54.75

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