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Suppose that call options on ExxonMobil stock with time to expiration 3 months and strike price R90. ExxonMobil stock currently is R90 per share, and

Suppose that call options on ExxonMobil stock with time to expiration 3 months and strike price R90. ExxonMobil stock currently is R90 per share, and the risk-free rate is 4%. If you believe the true volatility of the stock is 32%, Calculate the value to call option using the Black Scholes model.

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