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1. For this problem, we are trying to price a derivative security on a stock that follows geometric Brownian motion that has the value at

1. For this problem, we are trying to price a derivative security on a stock that follows geometric Brownian motion that has the value at maturity of V(T) = (S(T) K)? If you assume that this market has a constant risk-free interest rate r, find the value of the process at any time t such that 0

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