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A company's stock is selling for $6.50. The company has no outstanding debt. Analysts consider the liquidation value of the company to be at least
A company's stock is selling for $6.50. The company has no outstanding debt. Analysts consider the liquidation value of the company to be at least $550,000,000 and there are 100,000,000 shares outstanding. What volatility smile would you expect to see?
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