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Consider a stock selling for $ 1 0 0 , with volatility ( standard deviation ) of 3 0 % per year. The stock pays

Consider a stock selling for $100, with volatility (standard deviation) of 30% per year. The stock pays no dividends. The risk-free continuously compounded interest rate is 4%. Now consider a call option on this stock with strike price 95 and 3-month maturity. What is the elasticity of the call?

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