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Em Corp stock is currently selling for $34.00 a share but is expected to either decrease to $30.60 or increase to $37.40 a share over

Em Corp stock is currently selling for $34.00 a share but is expected to either decrease to $30.60 or increase to $37.40 a share over the next year. The risk-free rate is 3 percent. What is the current value of a 1-year call option with an exercise price of $34?

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