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The spot price is 100. The exercise price on a one year call is $102. The risk free rate is 4%. Find the price of

The spot price is 100. The exercise price on a one year call is $102. The risk free rate is 4%. Find the price of the call if there is equal probability that stock price will grow to 110 or fall to 95. (Answer: 4.615) Please show how to get this answer. Thank you!!

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