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please show steps to final answers. 1. Sawyer buys Stock XYZ for $50 and a 6-month floor with a strike price of $50 for a
please show steps to final answers.
1. Sawyer buys Stock XYZ for $50 and a 6-month floor with a strike price of $50 for a $3.42 premium. Jack buys a call option on Stock XYZ with a strike price of $50. The risk-free rate is 6% convertible continuously. Calculate the premium Jack paid for the call option Step by Step Solution
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