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Cipla has a market price of Rs.890. The volatility on the share is 0.32; the risk-free interest rate is 5 percent. What would be the

Cipla has a market price of Rs.890. The volatility on the share is 0.32; the risk-free interest rate is 5 percent. What would be the price of the call with a strike price of Rs.880, if the expiry date is 20 days ahead? Assume there has not been any dividend announcement.

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