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The common stock of ABC, Inc. is currently priced at $50 per share. One year from now, the stock price is expected to be either

The common stock of ABC, Inc. is currently priced at $50 per share. One year from now, the stock price is expected to be either $45 or $55 a share. The risk-free rate of return is 5%. What is the value of one call option on ABC stock with an exercise price of $52?

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