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Consider the following 1-year European call option written on a nondividend paying stock. Assume the Black-Scholes framework. The volatility of the stock is 0.35. The

Consider the following 1-year European call option written on a nondividend paying stock. Assume the Black-Scholes framework. The volatility of the stock is 0.35. The delta of the option is 0.7257. The risk free rate of return is 4.875% and the strike price is 60. Calculate the elasticity of the call

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