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A stock with a current price of $32 will either move up to $40.00 or down to $30 over the next period. The risk-free rate
A stock with a current price of $32 will either move up to $40.00 or down to $30 over the next period. The risk-free rate of interest is 2.3%. What is the value of a call option with a strike price of $33? Multiple Choice
A.)$1.30
B.)$1.44
C.)$1.87
D.)$2.09
E.)$2.41
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