# Question: a put option and a call option with an exercise...

###### Question details

A put option and a call option with an exercise price of $75
expire in three months and sell for $0.96 and $5.20,
respectively.

If the stock is currently priced at $78.40, 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
%