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If a call option is trading at a price of 2.57 with a strike price of 45. The current stock price is 35 and the
If a call option is trading at a price of 2.57 with a strike price of 45. The current stock price is 35 and the price in one period is either 55 or 30. The risk-free rate is 5%. What is the intrinsic value of the option?
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