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Create a hedging strategy based on Yahoo by completing the following: Price the option using the Black-Scholes-Merton formula for the past month. Write a short

Create a hedging strategy based on Yahoo by completing the following: Price the option using the Black-Scholes-Merton formula for the past month. Write a short response to the following questions:

1) What is the price of the option using the Black-Scholes-Merton model?

2) How does the price compare to the price you observe on Yahoo Finance?

3) Why could there be a price difference between the prices calculated using the model and the market price?

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