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Consider a 1-year option with exercise price $65 on a stock with annual standard deviation 15%. The T-bill rate is 3% per year. Find Mdh)

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Consider a 1-year option with exercise price $65 on a stock with annual standard deviation 15%. The T-bill rate is 3% per year. Find Mdh) for stock prices (a) $60. (b) $65, and ($70. (Do not round intermediate calculations. Round your answers to 4 decimal places.) N(1) S $ 60 $ 65 $ 70

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