Question: Dynamic Energy Systems stock is currently trading for $38 per share. The stock pays no dividends. A one-year European put option on Dynamic with a strike price of $45 is currently trading for $7.27. If the risk-free interest rate is 4% per year, what is the price of a one-year European call option on Dynamic with a strike price of $45?
The price of the call is $?. (Round to two decimal places.)