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Consider stock S, which is traded at the price of $45, and has a return volatility of 43% pa. The riskfree rate of interest is

Consider stock S, which is traded at the price of $45, and has a return volatility of 43% pa. The riskfree rate of interest is 3% pa. What is the price of 3-month call option with exercise price of $48?

Write the answer in number, round it to 2 decimal places.

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