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Suppose you have just purchased a share of stock in WYZ Corp for $ 5 0 . The stock is not expected to pay a

Suppose you have just purchased a share of stock in WYZ Corp for $50. The stock is not expected to pay a dividend during the time you plan to hold it. You have forecasted that the stock will be worth in one year either $ 65 or $40. Suppose further that you can sell a call option on WYZ stock with an exercise price of $52.50. It is a European-style contract that expires in exactly one year. What the option should sell for today if the one-year T-bill yield is 8%?(show your work)

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