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The current stock price of Johnson and Johnson is $64 and the stock does not pay dividends. The instantaneous risk free rate of return is
The current stock price of Johnson and Johnson is $64 and the stock does not pay dividends. The instantaneous risk free rate of return is 5%. You wish to purchase a call option on this stock with an exercise price of $55 and an expiration date 73 days from now. Using the put option price of $0.074 from the market and Put-Call Parity, the call option should be worth __________ today
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