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Determine the current value of a binomial call option (displayed in $ rounded to 2 decimal places) that has the following characteristics: call delta: 0.28

Determine the current value of a binomial call option (displayed in $ rounded to 2 decimal places) that has the following characteristics: call delta: 0.28 So: $57.24 value of riskless portfolio: $13.72

Answer: $2.31

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