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Q 1 4 : A stock with a current price of $ 3 0 will either move up to $ 3 7 or down to

Q14: A stock with a current price of $30 will either move up to $37 or down to $26 over the next period. The price will change in the same fashion in the second period. The risk-free rate of interest is 2.5 percent. What is the value of call option with a strike price of $35?
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