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Use the Black-Scholes formula for the following stock: Time to expiration 6 months Standard deviation 55% per year Exercise price $51 Stock price $50 Annual

Use the Black-Scholes formula for the following stock:


Time to expiration	6 months
Standard deviation	55% per year
Exercise price	$51
Stock price	$50
Annual interest rate	5%
Dividend	0

Calculate the value of the call option .

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