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A European call option on a stock with the strike price of $40 matures in 9 months. The stock currently trades at $43.5, its volatilityis
A European call option on a stock with the strike price of $40 matures in 9 months. The stock currently trades at $43.5, its volatilityis 0.5 with dividend yield 0.015. The risk-free rate is 6%. What is its price according to the Black-Scholes formula?
Group of answer choices
9.40
9.60
9.70
9.90
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