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uppose the current price of XYZ stock is $50 per share. By the end of the year, the stock price will either increase by 10%

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uppose the current price of XYZ stock is $50 per share. By the end of the year, the stock price will either increase by 10% or decrease by 20%. The one-year risk-free rate is 3%, what is the price of a European call option that expires in one year and has an exercise price of $502

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