Question: A put option and a call option with an exercise price of $70 expire in four months and sell for $.94 and $5.70, respectively. If
A put option and a call option with an exercise price of $70 expire in four months and sell for $.94 and $5.70, respectively. If the stock is currently priced at $73.20, 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.)
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