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A futures price is currently 100. It is expected to move up to 120 or down to 70 over the next year. The risk-free interest

A futures price is currently 100. It is expected to move up to 120 or down to 70 over the next year. The risk-free interest rate is 6%. What is the value of a 1-year call option with a strike price of 98?

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10.4

7.2

5.7

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