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Assume that prices for a non-dividend-paying stock follow the lognormal model. The current price of the stock is 145. The stock has a volatility of

Assume that prices for a non-dividend-paying stock follow the lognormal model. The current price of the stock is 145. The stock has a volatility of 25%. You are given that for a 2-year, at-the-money call. Calculate the expected payoff of this call. [DM_05d_05]

Group of answer choices

46.88

50.04

59.51

56.35

53.20

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