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A stock is currently selling for $ 4 5 . Over the next two periods, the stock will move up by a factor of 1
A stock is currently selling for $ Over the next two periods, the stock will move up by a factor of or down by a factor of each period. A call option with a strike price of $ is available. If the riskfree rate of interest is percent per 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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