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Suppose a share of stock sells for $63. the risk-free rate is 5 percent, and the stock price in one year will be either $70

Suppose a share of stock sells for $63. the risk-free rate is 5 percent, and the stock price in one year will be either $70 or $80. a. what is the value of a call option with an exercise price of $70? b. Calculate the minimum return on the stock required to get the option in the money?

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