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A six months atthemoney call on an underlying asset with spot price 30 paying dividends continuously at a 1% rate is worth $2.5. Assume that
A six months atthemoney call on an underlying asset with spot price 30 paying dividends continuously at a 1% rate is worth $2.5. Assume that the risk free interest rate is constant at 3%. Use Newtons method with initial guess 0.5 to compute the corresponding implied volatility with six decimal digits accuracy. Solve it with the use of programming language (Python), and provide final answer.
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