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2. You are given the following, to determine the lowest possible price for this call option. (a) The price of a stock is 15. (b)

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2. You are given the following, to determine the lowest possible price for this call option. (a) The price of a stock is 15. (b) The stock pays continuous dividends at the annual rate of 0.02. (c) The continuously compounded risk free interest rate is 0.05. (d) A one-year American call option on the stock has a strike price of 10

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