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A stock with a current price of $72 has a call option available with a strike price of $75. The stock will move up by
A stock with a current price of $72 has a call option available with a strike price of $75. The stock will move up by a factor of .89 or down by a factor of .74 each period for the next two periods and the risk-free rate is 1.8 percent. What is the price of the call option today?
Price of the call option: $____________
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