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A stock trades for $45 per share. A call opfion on that siock has a strke price of $53 and an expiraton date three months

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A stock trades for $45 per share. A call opfion on that siock has a strke price of $53 and an expiraton date three months in the Auture. The volatily of the stock's returns is 45%, and the risk thee rate is 3%. What is the Brack and Scholes value of this opbon? The Black and Schoies value of this call option is 3 (Round to the nearest cent)

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