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On your birthday, your generous uncle gives you 10,000 American call options on ABC Company, with a strike price of $25. The option expires in
On your birthday, your generous uncle gives you 10,000 American call options on ABC Company, with a strike price of $25. The option expires in 6 months and the interest rate is 2%. The stock price has risen to $28. Will you exercise the options early or sell it? Explain. PLEASE ANSWER IN EXCEL ONLY AND SHOW FORMULATEXT PLEASE
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