# 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 $70
expire in four months and sell for $.94 and $5.70,
respectively.

If the stock is currently priced at $73.20, 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.)**