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A stock trades for $46 per stare. A call option on that stock has a strike price of $55 and an expiration date twelve months

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A stock trades for $46 per stare. A call option on that stock has a strike price of $55 and an expiration date twelve months in the future. The volatily of the stock's returns is 36%, and the risk-freet rate is 4%. What is the Black and Scholes vatue of thit option? The Black and Scholes value of this call option is? (Round to the nearest cert.)

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