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A stock trades for $44 per share. A calt option on that stock has a strike price of $55 and an expiration date fwelve moniths

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A stock trades for $44 per share. A calt option on that stock has a strike price of $55 and an expiration date fwelve moniths in the future. When the volabily of the stock's resims is 30%, the Btack By how much doent the cal price change? Intuifively, would you expect this to cause tre cal price to rise or fall? (Select the best answer below) A. The call price wil nol change with the velatisy of the stock's returts 18. The cal price will rise with the volataty of the sbek' retums c. The call price will fall with the volasily of the stocks return. The frack and scholes vate of thit cat epton is 9 (Round to the nearest cent,)

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