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If the stock price rises from 80 to 81, how much does the option price change in dollars terms? Assume that the strike price of
If the stock price rises from 80 to 81, how much does the option price change in dollars terms? Assume that the strike price of the option is 100, the option has one year to maturity, the risk-free rate is 8 percent, the dividend yield is 4 percent, and the annual volatility is 30 percent.
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