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Suppose a share selling for 18 today will, in 1 year, be worth either 20.50 or 15.50. If the interest rate is 1.2%, what is
Suppose a share selling for 18 today will, in 1 year, be worth either 20.50 or 15.50. If the interest rate is 1.2%, what is the value of a 1-year European call option with a strike price of 18.50?
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