Dynamic Energy Systems shares are currently trading at $38 per share. The stock does not pay dividends.
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Question:
Dynamic Energy Systems shares are currently trading at $38 per share. The stock does not pay dividends. A one-year European put option on Dynamic with a strike price of $45 is currently trading at $7.27. If the risk-free interest rate is 4% per year, what is the price of a one-year European call option on Dynamic with a strike price of $45?
The price of the call is $??. (Round to two decimal places.)
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