Question: Consider the following purchasing options on Apple stock. The current price to buy one share of Apple stock is $90. The stock does

Consider the following purchasing options on Apple stock.
• The current price to buy one share of Apple stock is $90.
• The stock does not pay dividends.
• The risk-free interest rate, compounded continuously, is 6%.
• A European call option on one share of Apple stock with a strike price of K that expires in one year costs $35.15.
• A European put option on one share of Apple stock with a strike price of K that expires in one year costs $13.95.

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