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A call option matures in six months. The underlying stock price is $78, and the stock's return has a standard deviation of 29 percent per
A call option matures in six months. The underlying stock price is $78, and the stock's return has a standard deviation of 29 percent per year. The risk-free rate is 4 percent per year, compounded continuously. If the exercise price is $0, what is the price of the call option? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Call option price | $ |
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