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a A European call option on a non-dividend paying stock is trading at $15. Using a volatility of 25% (and all of the other correct

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a A European call option on a non-dividend paying stock is trading at $15. Using a volatility of 25% (and all of the other correct parameters), the Black-Scholes call formula gives a value of $16. Implied volatility of the call option must be greater than 25%. True O False

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