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Example: Value a call option on stock using Binoimial Model. The riskless portfolio contains .5 shares of a stock, and a short call has a

Example: Value a call option on stock using Binoimial Model. The riskless portfolio contains .5 shares of a stock, and a short call has a present value of $5.40. The value of the .50 shares is $7.40. Calculate the value of call option? Thanks!

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