Determining the striking price of option

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Problem: A call option with a current value of $7.00. A put option with a current value of $8.90. Both options written on the same stock and both with 1 year until expiration. The current price of the stock is $57.00 and the prevailing risk-free rate is 10.00%. What must be the striking price of either option? Can you please help me by providing the authentic solution of this problem.

Reference no: EM132419780

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