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Consider a European call option on Allana Inc. stock. The option matures in 8 months and its strike price is $50. Current stock price per

Consider a European call option on Allana Inc. stock. The option matures in 8 months and its strike price is $50. Current stock price per Allana Inc.s share is $50. Allana Inc. will pay $2 dividend per share in 2 month and $3 per share in 6 months and the risk free rate is 3% per annum with continuous compounding for all maturities. Assume that the standard deviation of Allana Inc.s stock return is 30% per year. The Black-Scholes value of this call option is ______.

$18.31

$15.17

$6.92

$5.24

$2.96

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