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Question 3 1 pts A futures price is currently 40 dollars. It is expected to move up to 44 dollars or down to 34 dollars
Question 3 1 pts A futures price is currently 40 dollars. It is expected to move up to 44 dollars or down to 34 dollars in the next six months. The continuously-compounded risk-free interest rate is 6% per annum. What is the value of a six-month European call on the futures contract with a strike price of 33 dollars? Please provide your answer in unit of dollars without the dollar sign (rounded to the nearest cent). For example, if your answer is $1.02, write 1.02
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