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Given the following information answer questions 22 and 23: The current stock price of Tesla is $705, and the stock does not pay dividends. The

Given the following information answer questions 22 and 23:

The current stock price of Tesla is $705, and the stock does not pay dividends. The instantaneous risk-free rate of return is 1.5%, and the standard deviation of Teslas stock is 7.6%. The call and put options on this stock have an exercise price of $740 and an expiration date one year from now.

22) Using the Black-Scholes model, the call option should be worth ________ today.

$11.81

$13.26

$10.46

$12.54

23) Using the Black-Scholes model, the put option should be worth ________ today.

$35.80

$32.55

$31.94

$34.21

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