One-Year European Call and Put Options on an Asset Are

Multiple Choice

One-year European call and put options on an asset are worth $3 and $4 respectively when the strike price is $20 and the one-year risk-free rate is 5%.What is the one-year futures price of the asset if there are no arbitrage opportunities? (Use put-call parity.)

A) $19.55
B) $18.95
C) $20.95
D) $20.45