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6. The stock price 6months from the expiration of an option is $82 with exercise price $ 69. The risk-free interest rate and volatility are

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6. The stock price 6months from the expiration of an option is $82 with exercise price $ 69. The risk-free interest rate and volatility are 10% per annum and 35% per annum, respectively. Use Black-Sholes option pricing formula to obtain price of European Call and Put options. What is the intrinsic value of the option? (14)

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