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A stock sells for $23.80 per share. Three months from now, the price will either be $25.20 or $22.20. A call option to purchase 100

A stock sells for $23.80 per share. Three months from now, the price will either be $25.20 or $22.20. A call option to purchase 100 shares in three months for $24 sells for $72. With what risk-free annual effective rate of interest is this consistent (assuming no-arbitrage model)?

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