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A stock is currently priced at $76 and will move up by a factor of 1.40 or down by a factor of 0.87 over the

A stock is currently priced at $76 and will move up by a factor of 1.40 or down by a factor of 0.87 over the next period. The risk-free rate of interest is 4.2 percent. What is the value of a call option with a strike price of $77 (Do not round intermediate calculations Round your answer to 2 decimal places.) Value of the call option

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