Question: A put option and a call option with an exercise price of $60 and three months to expiration sell for $1.20 and $5.40, respectively. If

A put option and a call option with an exercise price of $60 and three months to expiration sell for $1.20 and $5.40, respectively.

If the risk-free rate is 4.2 percent per year, compounded continuously, what is the current stock price?(Round your answer to 2 decimal places. (e.g., 32.16))

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