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A stock price is currently $100 and has a volatility of 20% per annum. The risk-free rate is 5% per annum. Calculate the price of

A stock price is currently $100 and has a volatility of 20% per annum. The risk-free rate is 5% per annum. Calculate the price of a European call option with a strike price of $110 and an expiration date of 6 months. Assume continuous compounding.

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