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Two European call options with an exercise price of $60 are written on two different shares. Suppose that tomorrow, the low-volatility share will have a

Two European call options with an exercise price of $60 are written on two different shares. Suppose that tomorrow, the low-volatility share will have a price of $60 for certain. The high-volatility share will be worth either $40 or $80, with each price having equal probability. If the exercise date of both options is tomorrow, which option will be worth more today? Explain your answer fully.

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