Question: A put option and a call option with an exercise price of $70 and three months to expiration sell for $1.30 and $5.60, respectively. If

A put option and a call option with an exercise price of $70 and three months to expiration sell for $1.30 and $5.60, respectively.

If the risk-free rate is 4.3 percent per year, compounded continuously, what is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current stock price $

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