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Required: a. What are the five variables in the Black-Scholes valuation model for European call with non-dividend paying underlying stock? How the five variables affect

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Required: a. What are the five variables in the Black-Scholes valuation model for European call with non-dividend paying underlying stock? How the five variables affect value of European call? (5 marks) b. Explain the difference between writing a put option and buying a call option. Hint: What are the differences in term of payoffs, rights and obligations

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