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A stock is currently trading for Rs 41 per share with a stock price volatility of 0.3. A European call option on the stock have

A stock is currently trading for Rs 41 per share with a stock price volatility of 0.3. A European call option on the

stock have a delta of 0.6911 and a price of Rs 6.961. Find the elasticity of such a call option. Use it to find call

option price when stock goes up to Rs 41.41.

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