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2. The price of SJB Corp. stock will be either $62 or $86 at the end of the year. Call options are available with one

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2. The price of SJB Corp. stock will be either $62 or $86 at the end of the year. Call options are available with one year to expiration. The risk free rate 4% a. If the current stock price- $70, what is the value of the call option if the exercise price (k) - $65/share

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