The risk-free rate is 41 percent and the stock will pay a


A call option is currently selling for $2.50. It has a strike price of $30 and five months to maturity. A put option with the same strike price sells for $7.60. The risk-free rate is 4.1 percent, and the stock will pay a dividend of $2.20 in three months. What is the current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Current stock price $

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Financial Management: The risk-free rate is 41 percent and the stock will pay a
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