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Use Black-Scholes formula to find the value of a call option on the following stock: Time to expiration=3 months; standard deviation 40% per year; exercise

Use Black-Scholes formula to find the value of a call option on the following stock: Time to expiration=3 months; standard deviation 40% per year; exercise price=$200; stock price=$190; annual risk-free rate=7%; dividend=0. Select the closest answer.

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