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Consider a stock which is currently priced at $100. The continuously compounded risk-free rate is 4% p.a. and the stock is expected to pay a

Consider a stock which is currently priced at $100. The continuously compounded risk-free rate is 4% p.a. and the stock is expected to pay a dividend of $2 in one year's time. What is the fair price of a European call option with a strike price of $102 and a maturity of one year?

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