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Harper Company stock currently sells for $12 per share and is expected to be worth either $10, $16 or $25 in one year. The current
Harper Company stock currently sells for $12 per share and is expected to be worth either $10, $16 or $25 in one year. The current riskless return rate is .125. A one year call with an exercise price of $15 currently sells for $3. What would be the value of a one-year call with an exercise price of $9
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