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Please don't use excel and clearly label the steps, thanks in advance :) A stock price is currently 1000 SEK. Over each of the next

Please don't use excel and clearly label the steps, thanks in advance :)

  1. A stock price is currently 1000 SEK. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a one-year European call option on this stock that has a strike price of 1000 SEK?

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