A put option written on a company's stock expires in six months, and it has an exercise price of $40. The current price of this put option is $4.75. The stock shares of this company sell for $36 in today's market. The risk-free rate is 4.5 percent per year, compounded continuously. Calculate the price of a call option which has the same exercise price and the same expiration date as the put option. (Do not round intermediate calculations and round your final answer to 2 decimal places, e. g., 32.16.) Call price

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position