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Question
A stock with a current price of $32 will either move up to $40.00 or down to $30 over the next period. The risk-free rate of interest is 3 percent. What is the value of a call option with a strike price of $35?A. $1.30
B. $1.44
C. $1.87
D. $2.09
E. $2.41
Answer
This answer is hidden. It contains 2 characters.
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