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Can you solve it with hand solving, not the program solving? Let us now assume that we have continuous time instead of discrete time, that

Can you solve it with hand solving, not the program solving?

Let us now assume that we have continuous time instead of discrete time, that S(0) = 100, r = 0.03, = 0.4 and T = 1. Calculate the price at t = 0 of the same European call option as above, i.e. X = max{S(1) 104, 0}.

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