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A non-dividend paying stock price is currently $40. It is Mown that at the end of 3 months that the stock can either go tip

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A non-dividend paying stock price is currently $40. It is Mown that at the end of 3 months that the stock can either go tip in value by a factor u = 1.25 down by a factor of d. = 0.8. The risk-free interest. rate is 3% per annum for all maturated What is the value of a 3-molxtn American call option with a strike price of $41

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