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A stock s price is currently $ 2 0 . Assume that the expected return from the stock is 1 5 % p . a

A stocks price is currently $20. Assume that the expected return from the stock is 15%
p.a. compounded continuously and its volatility is 25% p.a. What is the probability that a European call option on the stock with a strike price of $22
and a maturity date in six months will be exercised?

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