A put option and a call option with an exercise price of $65 expire in six months and sell for $.92 and $5.60, respectively. If the stock is currently priced at $68.40, what is the annual continuously compounded rate of interest?

Rate of interest = _____%

Problem 17-6 Put-Call Parity A put option and a call option with an exercise price of $65 expire in six months and sell for $.92 and $5.60, respectively If the stock is currently priced at $68.40, what is the annual continuously compounded rate of interest? (Do not round intermediate calculations. Enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Rate of interest -%