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The current stock price is 50. One period later, its value becomes three possible outcomes: {35,55, 60}. The value of $10 invested in the risk-free

The current stock price is 50. One period later, its value becomes three possible outcomes: {35,55, 60}. The value of $10 invested in the risk-free asset becomes $10.5 in one period. Find the upper and lower bound of a call with a strike price of 50 and maturing at the end of one period.

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