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The current price of a stock is $30. A European call option on the stock with a strike price of $32 will expires in 6

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The current price of a stock is $30. A European call option on the stock with a strike price of $32 will expires in 6 months. Suppose u = 1.1 and d = 0.9. What is the call 1 option price given the stock's expected return to be 8% per year? $0.676 $0.704 $1.422 None of the above

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