A put option and a call option with an exercise price of $55 expire in...
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A put option and a call option with an exercise price of $55 expire in three months and sell for $1.04 and $5.40, respectively. If the stock is currently priced at $58.20, 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.)
Rate of interest %
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