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A stock is currently selling for $ 4 5 . In one period, the stock will move up by a factor of 1 . 1
A stock is currently selling for $ In one period, the stock will move up by a factor of or down by a factor of A call option with a strike price of $ is available. If the riskfree rate of interest is percent for this period, what is the value of the call option?
Note: Do not round intermediate calculations. Round your answer to decimal places.
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