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Assume that you have been given the following information on Purcell Industries: Current stock price = $15 Stock price of option = $15 Time to

Assume that you have been given the following information on Purcell Industries:

Current stock price = $15 Stock price of option = $15

Time to maturity of options = 6 months Risk free rate = 6%

Varience of stock return = 0.12

d1 = 0.24495 N(d1) = 0.59675

d2 = 0.00000 N(d2) = 0.50000

Accoding to the Black-Scholes option pricing model, what is the option's value?

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