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A stock price is currently $50. It is known that at the end of two months it will be either $56 or $48. The risk-free

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A stock price is currently $50. It is known that at the end of two months it will be either $56 or $48. The risk-free interest rate is 3% per annum with continuous compounding. What is the value of a 3 -month European call option with a strike price of $49

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