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A call option on a non-dividend-paying stock has a market price of $24.51. The stock price is $116.88, the exercise price is $168.15, the

A call option on a non-dividend-paying stock has a market price of $24.51. The stock price is $116.88, the exercise price is $168.15, the time to maturity is 9 months, and the risk-free interest rate is 3.01% per annum. What is the implied volatility? Hint: Trial and error or use of the Solver on Excel.

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